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Paramount Initiates Next Round Of Layoffs In Ongoing Effort To Cut 15% Of U.S. Workforce
Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after today.
Paramount Begins Second Round Of Layoffs To Trim 15% Of Workforce: Report
A total of about 2,000 workers are losing their jobs to reduce annual costs by $500 million ahead of a merger with Skydance Media.
Paramount Begins Round 2 of Layoffs to Reduce Staff by 15%
Paramount began a planned second wave of layoffs on Tuesday morning, nearly completing a 15% staff reduction announced last month. "In order to set Paramount up for continued success, we are taking these actions,
4d
Disney and Paramount lay off hundreds of employees as legacy media giants struggle with pay-TV decline in 2024
Two media giants, the Walt Disney Company and Paramount Global, have announced job cuts as companies enter the all-important ...
2d
CBS News’ Jeff Glor Signs Off Final Broadcast After Paramount Global Layoffs
After Jeff Glor was hit by Paramount Global's latest round of layoffs, he ended his final 'CBS Saturday Morning' broadcast ...
6d
Paramount starts second phase of its planned layoffs
Paramount Global is now going through Phase 2 of its planned layoffs, which started in August. After Tuesday, 90% of the ...
6d
Paramount Global faces another round of layoffs, reportedly directed at streaming
Paramount Global’s mission to cut $500 million in costs continued on Tuesday with another round of layoffs. The company’s ...
5d
Paramount Global bloodbath continues with ‘phase two’ of planned 2K job cuts
The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its ...
5d
Paramount Global begins second phase of layoffs in U.S., internal memo says
Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward ...
6d
Paramount Global Unveils ‘Phase Two’ of Layoffs
Paramount Global said it was continuing to cut staff amid a difficult climate, hoping to net 90% of its overall layoffs ...
5d
Paramount Begins “Phase Two” of Company-Wide Layoffs
Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs ...
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5d
Paramount begins second wave of layoffs
Paramount Global is moving forward with a second wave of layoffs, impacting around 15 percent of its remaining workforce.
5d
CBS News Anchor Jeff Glor Is Out as Part of Paramount Layoffs
CBS Saturday Morning co-host Jeff Glor is being let go as part of the latest round of Paramount layoffs on Tuesday.
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