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Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business – Yahoo Finance

Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business  Yahoo FinanceParamount to lay off 15% of staff amid brutal period in media  CNNParamount Writes Down Value of Cable-TV Business by $6 Billion and Cuts 2,000 Jobs  The Wall Street JournalParamount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings  CNBCParamount’s TV networks are collapsing in a $6 billion hole  Business Insider