During the February round of layoffs, 800 jobs were eliminated, which represented about 3% of the company's global head count, with Paramount TV Studios heavily impacted as it underwent a major ...

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 ...

Paramount Global will cut $500 million in costs by the end of the year, and aims to have the bulk of them completed by the end of September, according to a memo from company management issued Tuesday.

Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...

Wednesday, June 12th marked Paramount's 28th annual Community Day. Paramount is thrilled to share that this year’s global ...

Paramount Global (PARA) announced in a memo to staff ... According to a separate internal memo from the company's CEO trio, the layoffs kicked off on Tuesday and will continue in three phases ...

LOS ANGELES — Paramount Global launched a deep round of staff ... On Tuesday, the leaders said affected employees would be notified in three phases “starting today and continuing through ...

Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday. Skydance Media and RedBird Capital ...

By Rick Porter Television Writer “As you’re all aware, Paramount Global has made the difficult decision to close Paramount Television Studios as part of the company’s broader restructuring ...

Paramount Global will cut $500 million in costs by ... take as much as $300 million to $400 million in charges related to layoffs that would predominantly come from its marketing and ...

Paramount Global announced Tuesday that it was shuttering ... On Tuesday, the managers said affected employees would be notified in three phases "starting today and continuing through the end ...