Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a job. More or less quarterly layoffs are an industry-wide trend; despite ...

Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete. By Alex Weprin Senior Editor Paramount is implementing ...

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 the broader U.S. economy and in the linear television business.

“Today’s announcement of cuts represent 6% of our newsroom staff. ... Animation studio Pixar reduced 14% of its staff, around 175 employees affected, in May. Paramount Global.

Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs on Thursday, even as the company's streaming business reported its first ...

Paramount co-CEOs Chris McCarthy, Brian Robbins, and George Cheeks made the announcement in a memo to employees, stating that the layoffs will occur in three phases. A total of nearly 2,000 jobs ...

Paramount Global revealed it would be shutting down its storied TV studio as the entertainment giant cuts costs ... The latest round of layoffs and restructuring announcements highlighted these ...

Paramount Global is cutting 3.5% of its U.S. workforce, with the company citing linear TV declines and a "dynamic macro-environment" for the layoffs ...

Paramount co-CEOs Chris McCarthy, Brian Robbins, and George Cheeks made the announcement in a memo to employees, stating that the layoffs will occur in three phases.

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.