Article

2024-08-11 Economy

Paramount Global to lay off 15% of its US workforce

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Skidmark 2024-08-11 11:20|| || Front Page|| [11132 views ] Top

#1 Most mergers usually trim around 25%.
Plus with AI taking over more and more repetitive
CG / CS generating and handling tasks.

The 15% was likely put out there to avoid mass stock sell offs.

Posted by NN2N1 2024-08-11 15:09|| 2024-08-11 15:09|| Front Page Top

#2 "If you've got a message, call Western Union."

Posted by Procopius2k 2024-08-11 15:09|| 2024-08-11 15:09|| Front Page Top

20:42 Procopius2k
20:41 swksvolFF
20:40 Procopius2k
20:33 swksvolFF
20:28 swksvolFF
20:26 swksvolFF
20:03 KBK
19:52 swksvolFF
18:13 Frank G
18:04 Pancho Poodle8452
18:00 SteveS
17:57 Lord Garth
16:56 Pancho Poodle8452
16:52 Grom the Reflective
16:43 Elmerert Hupens2660
16:11 Pancho Poodle8452
16:07 Sligum Hupomoling9524
16:04 Regular+joe
16:01 Grom the Reflective
15:45 Grom the Reflective
15:41 BrerRabbit
15:25 Mercutio
15:13 NoMoreBS
15:09 Procopius2k