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Paramount Global Steels Itself For New Round Of Layoffs As Q2 Earnings Hit, End Of Skydance "Go-Shop" Period Nears

By Yahoo! Finance   |   4 months ago
Paramount Global Steels Itself For New Round Of Layoffs As Q2 Earnings Hit, End Of Skydance "Go-Shop" Period Nears

Paramount Global faces a crucial period with upcoming earnings, closing of the Skydance deal's "go-shop" period, and anticipated layoffs. Analysts predict a revenue decline, focusing on cost-cutting plans and job cuts across divisions, particularly in marketing and Paramount+.

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