Paramount Global Begins New Round Of Layoffs, Focused In Ad Sales Group
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deadline.comEXCLUSIVE: Layoffs are under way at Paramount Global, with several dozen employees expected to leave the company today, insiders have confirmed to Deadline.
The cuts, which are expected to affect fewer than 100 workers in both New York and LA, are largely concentrated in the ad sales group.
A number of business areas had been publicly targeted for streamlining in recent weeks, among them international operations, marketing and ad sales.
The sales group has been undergoing a transformation in recent weeks, after John Halley was upped to president of Paramount Advertising, replacing longtime company veteran Jo Ann Ross.
Read more on deadline.com
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