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A successful legacy of informing and entertaining viewers is no longer sufficient to keep cable TV networks at the top of their game. Paramount Global has announced layoffs across the company, an inevitable outcome following the rising cuts in the media industry. Paramount’s workforce reduction plans will affect 3.5% of US jobs which is expected to add up to several hundred employees across the organizatio
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. The Paramount cuts emerging amid the streaming shift were announced on Tuesday via a memo shared with employees, with a note that affected employees would be soon informed of the change within the day. The