Paramount's Tumultuous 2024: Layoffs, Leadership Shuffles, and a Mystery Sale
Paramount Global's 2024 was a rollercoaster of major leadership changes, significant layoffs affecting 2,000 employees, and a high-profile asset sale. Former CEO Bob Bakish was replaced by three co-CEOs amidst family disputes and management issues. While layoffs exceeded those of prominent rivals, the company pushes forward towards a merger with Skydance Media and a revamped streaming strategy. But can they recover?
Jan 7