Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a job. More or less quarterly layoffs are an industry-wide trend; despite ...

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 ...

Paramount Begins “Phase Two” of Company-Wide Layoffs Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete.

Despite bringing us some of the best television and film in years, Paramount is laying off 15% of its staff, the company announced Thursday. The layoffs are explicitly focused in the U.S., where ...

The summer has brought announcements of job cuts at a slew of different companies, including Cisco, Paramount Global and Axios.

American consumers are "being a little bit more careful" and looking for promotions and sales, a retail expert told Newsweek.

The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its previously announced plans to cut 2,000 jobs.

Paramount Global made an internal announcement about Phase 2 of its ongoing layoffs Tuesday morning, saying 90% of the planned cutbacks will be completed after the new phase.

Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs on Thursday, even as the company's streaming business reported its first ...

Paramount is the latest major media entity to announce layoffs, joining Disney and Warner Bros. Discovery, which also reduced headcount recently.

Paramount Global, the storied media conglomerate, will lay off 15% of its US staff and took a $6 billion write down on its cable television networks as it prepares to merge with Skydance Media ...

Paramount Global laid off more employees in 2024 than any of its rivals. A larger reckoning is still playing out.