As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would be laying off 3.5% of its domestic staff.

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...

BET is making layoffs across multiple departments amid the broader wave of cutbacks at parent company Paramount Global.

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 “simply unacceptable” decline in the media giant’s profitability.

Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes ...

Loop Capital’s top analyst, Alan Gould, has reiterated a “Sell” rating on Paramount Global (PARA) stock, citing skepticism ...

Paramount Global, amid a swirl of M&A discussions, is laying off about 800 employees worldwide — an estimated 3% of its headcount — as it looks to trim costs.. CEO Bob Bakish announced the ...

EXCLUSIVE: Amid speculation about its future, Paramount Global is proceeding with a new wave of staff reductions in February, sources tell Deadline. I hear the cuts will impact hundreds of ...

Paramount Global is sharpening the ax for a massive wave of staff reductions that could whack as many as 800 jobs, according to a new report. The debt-laden entertainment giant, which has been put … ...

Today’s layoffs represent about 3% of Paramount’s global head count. At the start of 2023, Paramount had 24,500 full- and part-time employees in 37 countries, with another 5,800 project-based ...

Paramount Global announced Tuesday that it was shuttering one of its television studios, part of a round of deep staff cuts aimed at eliminating nearly 2,000 jobs by year’s end as the company ...

A momentous couple of weeks for Paramount Global are underway. Its second-quarter earnings are due out today; the “go-shop” period in the $8B Skydance deal closes August 21; and a new round of ...