April 22, 2024 Paramount completed an earlier round of layoffs several months ago, resulting in the elimination of about 800 positions. Last week, during its second-quarter earnings report ...

EXCLUSIVE: Layoffs are under way at Paramount Global, with several dozen employees expected to formalize their departures today, insiders have confirmed to Deadline. The cuts, which are expected ...

The layoffs will impact 15 percent of employees, and will happen in three phases, with 90 percent done by the end of September. By Alex Weprin Senior Editor Paramount will begin cutting 15 percent ...

For the past several days, there has been chatter that Paramount layoffs of about 800 are imminent. It followed a WSJ report in December that the company was mulling the potential elimination of ...

Paramount Global needs to (further) reduce its staff size to compete in today’s cutthroat media landscape. Perhaps it could start by trimming a few CEOs. After Bob Bakish was unceremoniously ...

Paramount Global is moving forward with a second wave of layoffs, which is impacting workers at CBS-owned television stations and productions. The layoffs were announced in a memo penned by ...

Paramount Global is starting Phase 2 of its planned layoffs, according to a memo sent early Tuesday morning by the media company’s co-chief executives. The total number of layoffs in this phase ...

Naveen Chopra departs Paramount amidst significant layoffs to become Roblox's new CFO, effective June 30, 2025.

Paramount shares, which closed at $10.44 apiece at the end of Tuesday’s trading session, have fallen 23% in the past year and 27% year to date. News of the layoffs was first reported by Deadline.

Paramount said in August that it would cut 15% of its U.S. workforce — layoffs that were estimated to affect about 2,000 employees — coming ahead of its planned merger with Skydance Media.

The layoffs, which will affect around 2,000 staffers in the coming weeks, are part of Paramount’s bid to trim $500 million in annual costs companywide ahead of its merger with technology scion ...

Paramount’s next round of major layoffs will see the studio’s TV division folded into the larger CBS Studios umbrella. Paramount’s next round of major layoffs will see the studio’s TV ...