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Paramount to Lay Off 15% U.S. Workforce, About 2,000 Employees, in Fresh Round of Cuts Paramount Takes $5.98 Billion Write-Down on Cable Networks in Q2 Tied to Skydance Deal While Streaming Turns ...
Paramount is laying off 15% of its staff, or about 2,000 people, in a major cost-cutting move aimed at finding $500 million in annual savings.
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The remaining 15% are unpledged superdelegates (consisting of sitting Democratic governors, sitting Democratic members of Congress [i.e., senators and representatives], former and current Democratic presidents and vice presidents, and a few leaders of Democratic National Committee-affiliated organizations, such as the Young Democrats of America ...
News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited.News Limited was founded in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; [9] [10] subsequently the controlling interest was bought by the Herald & Weekly Times.
Their gross margin for the last five quarters has gone from 17% to 16.7, 15.4, 15.5, and 11.2. You can see there is a steady decline, but a real drop off in the most recent quarter. This is really ...