Naman Ramachandran Paramount president and CEO Bob Bakish has revealed further steps to pause operations in Russia following its invasion of Ukraine and has announced a $1 million donation to support humanitarian relief.
In an internal memo to staff on Tuesday, Bakish wrote: “Like many of you, I am closely following the devastating, unprovoked invasion of Ukraine.
The resulting humanitarian crisis and its ripple effects on the lives of millions of people across Ukraine, Eastern Europe, and in Russia itself, is heartbreaking to witness.”“Since the beginning of this crisis, our teams across the world have been working around the clock to determine the best, and most importantly – safest – ways we as a business can show our support for all those impacted.
I want to be clear, the safety and security of employees and all those who work with us is, and will always be, our top priority.
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