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G.I. Joe: Retaliation (movie)

Paramount Pictures laying off 110 workers

Paramount Pictures laying off 110 workers

Paramount Pictures is laying off 110 workers at its Los Angeles and international offices as the company streamlines its business operations. In a memo to employees, Paramount's chief operating officer, Frederick Huntsberry, said the staff cuts would primarily hit the company's finance, human resources, information technology, international home media distribution, legal and marketing departments.  "Change is always difficult and we never take these steps lightly," Huntsberry said in the note. "We are confident that these changes will allow us to manage our business with greater speed and flexibility and fully capitalize on opportunities in the global...