Paramount Laying Off 347 Workers in NY

Paramount Global is laying off 347 workers in New York according to a WARN notice filing with the NYS Department of Labor.

Paramount is a leading media company that operates the CBS TV network along with cable networks MTV, Comedy Central, VH1, Nickelodeon, Showtime, BET and the streaming network Paramount Plus.

The company has over 24,000 employees worldwide and a reported 800 total were laid off. Paramount Global has at least 8,036 workers in NY.

The layoffs in NY are expected to start May 17, 2024 and end on December 31, 2024.

The Impacted Sites in NY are listed below:

Address: 1515 Broadway, New York, NY 10036 Number of Affected Employees at Site: 298
Total Number of Employees at Site: 4734

Address: 513 W. 57th Street, New York, NY, 10019 Number of Affected Employees at Site: 3
Total Number of Employees at Site: 229

Address: 518 W. 57th Street, New York, NY, 10019
Number of Affected Employees at Site: 1
Total Number of Employees at Site: 38

Address: 524 W. 57th Street, New York, NY, 10019 Number of Affected Employees at Site: 16
Total Number of Employees at Site: 1737

Address: 530 W. 57th Street, New York, NY, 10019
Number of Affected Employees at Site: 1
Total Number of Employees at Site: 589

Address: 555 W. 57th Street, New York, NY, 10019
Number of Affected Employees at Site: 28
Total Number of Employees at Site: 709