Paramount lays off 800 staff amid transition away from traditional TV

Paramount's layoffs reveal the struggle to adapt to the streaming era and the challenges of achieving profitability. The company, once a media giant built for the cable era, now faces revenue declines and multi-billion dollar streaming losses.

Paramount lays off 800 staff amid transition away from traditional TV
Paramount's layoffs reveal the struggle to adapt to the streaming era and the challenges of achieving profitability. The company, once a media giant built for the cable era, now faces revenue declines and multi-billion dollar streaming losses.