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Paramount Media Networks layoffs 25 Percent

Paramount Media Networks layoffs 25 Percent of workforce, MTV News Shutting Down

MTV News is being shut down and 25 percent of Paramount Media Networks’ workforce is being layoffs, due to “broader headwinds like our peers”.

The 1980s-era MTV news branch will now be shut down, according to a company document seen by Variety.

25% of the workforce at Showtime, MTV Entertainment Studios, and Paramount Media Networks in the US will see layoffs.

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Mamta Roy

I love to discuss and give information about politics, current affairs, and the economy. I love both my passion and patriotism.

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