Paramount Plus Finally Profitable, But Company Announces Layoffs Following Billions in Losses

Paramount Plus is finally profitable thanks to releases like Knuckles, but Paramount is nevertheless laying off 15 percent of its U.S. staffers ahead of its upcoming merger with Skydance Entertainment amid billions in overall losses.

Source: https://www.ign.com/articles/paramount-plus-finally-profitable-but-company-announces-layoffs-following-billions-in-losses

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