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Paramount TV Shutting Down, Laying Off Thousands Amid Industry Upheaval

Paramount Global said on Tuesday it would close its television studios and lay off thousands of employees amid an uncertain future for the industry. The company announced that it will close Paramount Television Studios later this week, with president Nicole Clemens saying in a memo to staff on Tuesday morning that industry-wide changes are having […]

Thousands of Ukrainian Troops on Incursion to ‘Destabilise’ Russia: Official

(AFP) Thousands of Ukrainian troops are taking part in a major incursion into Russian territory aimed at destabilising Russia by exposing its weaknesses, a senior Ukrainian official told AFP. “We are going on the offensive. Our aim is to expand the enemy’s positions, inflict maximum damage and destabilize the situation in Russia so that it […]

Thousands of Serbians protest in Belgrade against lithium mine | Serbia

Thousands of people took to the streets of Serbia’s capital Belgrade on Saturday to protest against the reopening of a controversial lithium mine that is set to provide a vital source of electricity for Europe’s green energy transition. Before the rally, two leading protest figures said they were briefly detained by security agents and warned […]

Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report

Network equipment maker Cisco plans to cut thousands of jobs in its second round of layoffs this year as it shifts focus to higher-growth areas such as cybersecurity and artificial intelligence, according to people familiar with the matter. The number of people affected could be the same or slightly higher than the 4,000 employees Cisco […]

Paramount slashing thousands of jobs, writes down value of cable networks by $6B

Paramount Global on Thursday said it would write down the value of its cable-networks business by about $6 billion and cut 15% of its workforce, even as its streaming business reported its first quarterly profit. Paramount shares rose more than 5% in after-hours trading. The impairment reflects declining viewership for cable networks such as Nickelodeon, […]

Kamala Detroit Rally Ends in Disaster, Thousands Stranded, Staffers Cry

A rally for Kamala Harris in Detroit, Michigan on Wednesday was reportedly a disaster, with thousands of people left stranded and some staffers in tears. The rally ended with people stranded after they couldn’t find shuttles to get them back to their cars, political scientist Josiah Lippincott said. Watch out, watch out! pic.twitter.com/5qV9TNIAti —Breitbart News […]