Paramount Takes $5.98B Write-Down At Cable Networks Ahead Of Skydance Deal DeadlineParamount to lay off 15% of staff amid brutal period in media CNNParamount Says To Cut Around 15% Of US Workforce Barron’sParamount Writes Down Value of Cable-TV Business by $6 Billion The Wall Street JournalParamount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business Yahoo Finance