A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

"These changes are necessary to address the environment we are operating in and best position Paramount for success," its ...

Paramount's job cuts are just the latest to hit the beleaguered media industry, which has recently seen staff reductions ...

The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...

Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.

Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and ...

Paramount (NASDAQ:PARA) said Tuesday it will undergo "phase two” of its planned workforce reductions it kicked off last month. Co-CEOs George Cheeks, Brian Robbins, and Chris McCarthy informed ...

Paramount Global ... eliminating 15% of the U.S. workforce (an estimated 2,000 jobs), a measure that would account for $300 to $400 million of the reduction strategy. Following a round of ...

Paramount Global has initiated the next ... we will begin phase two of our workforce reductions in the US. Like the entire Media industry, we are working to accelerate streaming profitability ...

By Alex Weprin Senior Editor Paramount is implementing another ... that the company will undergo “phase two” of its workforce reductions today, but that by the end of the day “90 percent ...

So, a three percent increase of revenue translated to a three percent reduction of Paramount’s workforce and missing revenue expectations by around four percent is leading to layoffs accounting ...

Paramount Global plans to cut 15% of its U.S workforce — or roughly 2,000 ... the entertainment company would make its anticipated reductions during a second-quarter earnings call, according ...