Essence Magazine:

PARAGUAY – 2024/07/14: In this photo illustration, the Paramount Plus logo is displayed on a smartphone screen. (Photo Illustration by Jaque Silva/SOPA Images/LightRocket via Getty Images) By Jasmine Browley ·Updated August 15, 2024

Paramount‘s plans to layoff 15 percent of its U.S.-based workforce has officially begun.

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