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 ...

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

Paramount Global said it's cutting 3.5% of its workforce, citing challenges in the broader economy and in the linear ...

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 coming months.

(Bloomberg) -- Paramount Global cut more jobs on Tuesday as part of a previously announced plan to reduce its US workforce by 15%, or about 2,000 positions. The move is the second round of layoffs ...

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

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 ...

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 ...

Skydance’s “promises of ‘synergies’ and Paramount’s recent workforce reductions tend to undermine their labor-related pledges,” the Teamsters claimed in the regulatory filing.

Paramount Global said Tuesday it will lay off 3.5% of its U.S. workforce-amounting to several hundred employees-as the ...