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Business & Economics

Paramount to cut 3% of U.S. workforce as it deepens cost-cutting

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Summary
Nutrition label

72% Informative

Paramount Global is cutting its U.S.-based staff by 3.5% , or several hundred employees, in the latest round of layoffs at the media company.

The company notified its staff of the impending layoffs on Tuesday morning .

Layoffs have been taking place across the media industry in recent weeks , with reported headcount reductions at Disney and Warner Bros. Discovery .

VR Score

76

Informative language

75

Neutral language

92

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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