Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings

Paramount Global, formerly known as ViacomCBS, has laid off approximately 800 employees, in an unexpected move just a day after they announced record-breaking Super Bowl ratings. The layoffs are reportedly part of the company’s restructuring plans, which were announced last year. This massive streamlining comes as the company continues its push into the direct-to-consumer streaming market.

According to reports, these layoffs have affected all levels and departments of the company, from bulging middle management to remote workers. The restructuring