09:07 AM EDT, 09/24/2024 (MT Newswires) -- Paramount Global ( PARAA ) is laying off a second round of workers as part of a larger plan to slash expenses, media reports said Tuesday citing an internal memo.

Paramount co-Chief Executives George Cheeks, Chris McCarthy, and Brian Robbins told staff that the latest cuts will make the staff reductions 90% complete, according to the reports.

Paramount said last month it would reduce 15% or about 2,000 members of its US workforce, Variety reported.

Paramount did not immediately reply to MT Newswires' request for comment.

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