Paramount Studios Announces Mass Layoffs
Paramount Film Studio has notified its employees of large-scale layoffs. According to The Hollywood Reporter, more than 100 people in various departments of the company will be fired. The positions that are supposed to get rid of have not been specified, but it is known that the calculation will be received by employees of the financial department, HR, marketing, engineering department and others. This will be the largest layoff of staff since 2008, when Paramount was forced to lay off seven percent of its employees. The reason is the not too impressive distribution of the main movie projects of the company. The highest-grossing movie was the fantastic action movie War of the Worlds Z, which earned $ 539 million on a $ 190 million budget. The Topic of Article: Paramount Studios Announces Mass Layoffs. |
