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Paramount Global Targets Ad Sales Staff For Layoffs

Y2kTheNewOldies

Y2kTheNewOldies





Plus Management changes at CBS are also at play here.


Paramount Global is winnowing down its ad-sales staff after the unit was recently restructured by its new leader.

The job losses are said to number fewer than 100, according to a person familiar with the matter, and come after John Halley, named president of Paramount Global’s ad-sales efforts in September, realigned much of his staff to focus on direct relationships with major media-buying agencies.

Paramount Global declined to make executives available for comment. Executives who were recently elevated or given new senior roles in ad sales are expected to remain, this persons said. Deadline previously reported on the company’s job cuts.
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let's be honest, every company is gonna start laying people off, we are now in a recession, this happens a lot in recession times.
 
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