Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.

The three Paramount Global execs acknowledged their former boss, thanking him in the memo. “We also want to thank Bob for his leadership, many contributions and his support of our brands and ...

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

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

The three new heads of Paramount Global’s Office of the CEO sent a memo to staff after the news was announced. They didn’t directly address the M&A negotiations that could dramatically reshape ...

More from Variety Amid Turmoil, Paramount Global Sees Q1 Lift From Super Bowl, Narrows Loss Paramount Global Boots Bob Bakish as CEO, Names New Leadership ... the CEO sent a memo to staff after ...

The three Paramount Global execs acknowledged their former boss, thanking him in the memo. “We also want to thank Bob for his leadership, many contributions and his support of our brands and ...

Chris McCarthy, George Cheeks and Brian Robbins sent a memo to ... shared love of Paramount Global, its employees and our world-class content. We also want to thank Bob for his leadership, many ...

Paramount Global is reducing its US-based workforce by 3.5 percent, affecting several hundred employees, The company informed ...

Wendy McMahon is quitting CBS News, citing disagreement with Paramount's direction. Her exit raises concerns about the future of "60 Minutes." ...