Paramount, Google among companies cutting staff

Paramount, Google among companies cutting staff

The entertainment industry is the latest to undergo job cuts, with major companies like Disney (DIS) and Paramount Global (PARA) reportedly planning layoffs in 2024. These media giants join the wave of tech and other industries reducing headcount to cut costs amid economic uncertainty.

Yahoo Finance reporters Alexandra Canal, Josh Schafer, and Brooke DiPalma discuss the growing trend of layoffs post-Covid.

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