MTV News will be shutting down as Paramount Media Networks announces layoffs, Showtime/MTV Entertainment Studios and Paramount Media Networks President Chris McCarthy announced on Tuesday. The layoffs come after months of internal deliberations about integration amid Showtime’s rebranding into Paramount+ With Showtime and will affect 25 percent of employees across the network media groups, with MTV News getting…
Paramount Media Networks Announces Layoffs as MTV News Shuts Down
May 10, 2023
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Business & MarketsCompaniesEntertainmentEntertainment NewsEntertainment Studios Networkslayoff staffMedia & Big TechMTVParamount GlobalUSUS News
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Meta Downsizing Hiring Plans Amid Warnings of Layoffs
July 2, 2022
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Business & MarketsCompanieseconomylayoff staffMark ZuckerbergMedia & Big TechMeta Platforms IncTechTech Newstech stocksUS
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Meta, the owner of Facebook, is planning to scale down its hiring activities, CEO Mark Zuckerberg revealed on June 30 while also indicating that some workers will lose their jobs. Speaking during a weekly employee Q&A session, Zuckerberg expressed worries about the state of the economy, warning workers to brace for a deep economic downturn….
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