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

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

Paramount Global is laying off 3.5% of its US workforce in the latest round of cuts as the media giant struggles with steep ...

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

Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a ...

It’s the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.

According to reports, Paramount ended 2024 with 18,600 employees worldwide, down from the 21,900 full- and part-time ...

June 10 (UPI) -- Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs. Most of ...

Paramount Global is set to lay off 3.5% of its U.S. staff due to declining cable TV subscribers, following a significant ...

The company notified its staff of the impending layoffs ... job cuts and reduced spending. In August, Paramount began the process of reducing its U.S.-based workforce by 15%.