Paramount Global is paring back another 3.5% of its U.S. workforce, eliminating several hundred jobs domestically. The company’s trio of co-CEOs — George Cheeks, Brian McCarthy and Brian Robbins — cited linear TV declines and a “dynamic macro-environment” for the layoffs in a companywide memo Tuesday.

Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs. Most of the impacted staff will be notified on Tuesday, according to a memo that came from the offices of the co-CEOs.

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