Paramount Global is expected to lay off fewer than 100 employees in Los Angeles and New York, The Wrap has confirmed.
The majority of the cuts will impact the company’s ad sales group, which has been undergoing a transformation overseen by new Paramount Advertising head John Halley. Employees in the CBS Studios and Paramount Television Studios divisions will also be affected.
https://www.thewrap.com/paramount-global-layoffs-ad-sales-cbs-studios/