Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...

Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs.

It's the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.

Paramount has begun laying off approximately 15% of its workforce in the U.S., expecting to cut several hundred employees in the coming weeks.

Paramount Global will cut 2,000 employees, 15% of its U.S. workforce, in the next few weeks, ahead of its planned merger with Skydance.

Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.

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. It's ...

It’s the latest round of layoffs at Paramount as it contends with cord-cutting and prepares to merge with Skydance Media.

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