MTV News among units shut down as Paramount cuts US workforce by 25%
TL;DR Summary
Paramount Media Networks is shutting down MTV News and reducing its US workforce by 25% due to economic pressures. The decision comes as many media companies face a slumping advertising market and other industry challenges. The cuts are part of a broader restructuring aimed at streamlining units and reducing overall costs.
- MTV News to shut down as Paramount slashes US workforce CNN
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- MTV News Is Shutting Down Pitchfork
- Paramount Division Run By Chris McCarthy Lays Off 25% Of Domestic Staff; MTV News Among Units Shut Down Deadline
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