Paramount Chiefs to Staff: We’re Cutting $500M In Costs After “Unacceptable” Profit Drops

The trio of co-CEOs told employees at a town hall on Tuesday that bankers have been hired to sell unspecified assets "to help pay down debt and strengthen our balance sheet."

Jun 25, 2024 - 18:30
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Paramount Chiefs to Staff: We’re Cutting $500M In Costs After “Unacceptable” Profit Drops
The trio of co-CEOs told employees at a town hall on Tuesday that bankers have been hired to sell unspecified assets "to help pay down debt and strengthen our balance sheet."

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