Media Giants Announce Layoffs Amid Economic Uncertainty
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Paramount Global CEO announced layoffs in memo, citing need to "spend less" and "operate as a leaner company"
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YouTube cut 100 employees from creator management and operations divisions in first restructuring in a decade
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Universal Music Group plans to lay off hundreds of employees later this quarter to remain "nimble and responsive"
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Disney's Pixar animation unit will reportedly lay off up to 20% of its 1,300 employees amid streaming and box office struggles
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Business Insider cutting "about 8%" of staff, following layoff trend across major news organizations