Paramount Advertising Hit With Layoffs Amid 15% Cutback of US Workforce
Advertising
The division is the latest victim in the media giant’s efforts to generate annual run rate cost savings of $500 million Paramount (Credit: Getty Images) Paramount Advertising has become the latest victim of the media giant’s cuts towards 15% of its U.S. workforce designed to help generate annual run rate cost savings of $500 million across the company. The team is in charge of managing domestic multi-platform ad sales across CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount+, Pluto TV and
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