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 ...

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 ...

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.

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 ...

Paramount Global started cutting some of its workers ... said during the media company’s earnings call last week that the layoffs will be "primarily focused on two areas: first, redundant ...

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 has been making some changes in its structure and as a result, the media company has been doing major layoffs to save costs ahead of its merger with Skydance. In the latest ...

LOS ANGELES — Unnamed sources have told Bloomberg that the parent of CBS News & Stations is readying the sale of assets — including television stations selected as non-essential — in order ...

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 ...

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

Paramount is thrilled to share that this year's global Community Day was the most impactful Paramount has ever hosted. Paramount employees came together in an extraordinary way, giving back to the ...