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

"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 ...

A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

"We are taking the hard, but necessary steps to further streamline our organization starting this week," Paramount Co-CEOs George Cheeks, Chris McCarthy and Brian Robbins wrote in the memo.

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." ...

The game platform will give the Paramount and Pandora alum two separate $3 million bonuses, as well as a stock award with a ...

Wendy McMahon, president and CEO of Paramount Global's CBS News, will step down from her position, telling staffers that she and the company have differing views on the path forward, according to a ...

"As employees of Paramount Global, we are extremely disappointed — but not surprised — by the senior leadership team's ... its DEI policies in a February memo. Paramount is ending their ...

CBS News President and CEO Wendy McMahon is resigning, marking the second high-profile departure at the network in one month ...

Wendy McMahon’s exit has some employees feeling “like a purge is underway,” one CBS correspondent told CNN on Monday.