Viacom Announces job cuts

Viacom Announces job cuts

Media entertainment giant Viacom is planning for workforce reductions to increase its financial performance to beat the competitive forces. Viacom, which owns Paramount studios in Hollywood and a range of television channels including MTV and Comedy Central. The job cuts are initiated to promote greater cross-brand collaboration, focus on new growth areas, and improve operational efficiency and financial performance. These initiations will save costs and explores new ways to bring our audiences great content in new and groundbreaking ways.

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