stations

ChargePoint Cuts Workforce by 15% After Missing Financial Estimates

4 months ago

ChargePoint, a leading operator of electric vehicle charging stations, has announced a 15% reduction in its workforce following disappointing financial results. The company released its second-quarter results, which fell significantly short of analysts’ expectations, prompting management to make cuts and streamline the business.

Paramount Explores Sale of 12 Local TV Stations

4 months ago

Paramount Global, the Hollywood giant, has decided to explore the sale of 12 of its local TV stations. This move is part of a broader strategy aimed at streamlining its business and optimizing its assets in response to the changing media consumption landscape and increasing competition within the digital space. It is expected that the sale process may involve both successful and less profitable stations as the company looks to focus on its core business areas.