During the February round of layoffs, 800 jobs were eliminated, which represented about 3% of the company's global head count, with Paramount TV Studios heavily impacted as it underwent a major ...

Paramount Global will cut $500 million in costs by the end of the year, and aims to have the bulk of them completed by the end of September, according to a memo from company management issued Tuesday.

The bosses of Paramount Global warned more layoffs are on the way as part of a $500 million cost cutting plan meant to curb a ...

The decision comes amid broader layoffs at Paramount Global, with the company previously saying it would cut 15% of its U.S. workforce in an effort to save $500 million ahead of a planned merger ...

Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...

LOS ANGELES — Paramount Global launched a deep round of staff ... On Tuesday, the leaders said affected employees would be notified in three phases "starting today and continuing through the ...

This year, a cruel mirror image has appeared: a brutal season of layoffs. The entertainment industry is reeling from cuts at Paramount Global, which last week began a deep cost-cutting effort that ...

Paramount Global (NASDAQ:PARA) on Tuesday started laying off employees, acting on last week's announcement that it would cut workforce by 15% across U.S. operations. Notably, the company is ...

In the memo, Clemens and Cheeks insisted that while Paramount TV is coming to an end, “our ethos will live on in shows that will continue to be enjoyed by global audiences for years to come.” ...

Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday. Skydance Media and RedBird Capital ...

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Wednesday, June 12th marked Paramount's 28th annual Community Day. Paramount is thrilled to share that this year’s global ...