Walt Disney Co., Warner Bros. Discovery and Paramount all enacted layoffs in recent weeks, reflecting the continuing ...

Despite a steady labor market, many U.S. companies are under pressure to reduce costs because of global uncertainty linked to ...

Paramount Global plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry.

"These changes are necessary to address the environment we are operating in and best position Paramount for success," its ...

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline ...

Paramount's job cuts are just the latest to hit the beleaguered media industry, which has recently seen staff reductions ...

The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...

As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would ...

The layoffs on Tuesday impact around 3.5 percent of Paramount’s global workforce, with the company having laid off around ...