News

Paramount to cut 3.5% of its workforce amid economic and media industry challenges
Paramount Global said it's cutting 3.5% of its workforce, citing challenges in the broader economy and in the linear ...
Paramount Makes More Layoffs: Several Hundred Employees Axed, Representing 3.5% of U.S. Workforce
Paramount Global is cutting 3.5% of its U.S. workforce, with the company citing linear TV declines and a "dynamic ...
Paramount is laying off 3.5% of its US workers. Read the memo its leadership sent to staff.
Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.
Paramount lays off several hundred employees amid linear TV declines and ‘dynamic macro-environment’
As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would ...
Paramount attempts to stop the bleeding with another major layoff
Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a ...
Paramount Acquisitions Chief Barbara Zaneri Exits, Virginia Lazalde-McPherson Takes On Expanded Role
Following Zaneri’s exit, Virginia Lazalde-McPherson will expand her role. Lazalde-McPherson, who was most recently EVP and ...
Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
It’s the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.
The HR Digest4d
The Paramount Layoffs Highlight How the Cable TV Slump Is Spurring Job Losses
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 ...
Deadline.com6d
List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More
Paramount Watch on Deadline June 10 brought ... Byron Allen’s Allen Media Group underwent layoffs in May across all divisions of the company, including The Weather Channel, TheGrio and a motion ...
Paramount to slash 3.5% of US staff in latest round of cuts: ‘Hard, but necessary’
The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...
Fast Company6d
Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economy
Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media landscape and uncertain economy. The latest round of ...
AOL6d
Paramount Makes More Layoffs: Several Hundred Employees Axed, Representing 3.5% of U.S. Workforce
They added that the layoffs “may also result in some impacts to our workforce outside the U.S. over time.” Paramount isn’t alone among big media companies making job cuts: Recently ...