Paramount Global is cutting 15% of its U.S. workforce. That reduction, which will impact 2,000 workers, is part of a larger trend in legacy media.

Paramount (NASDAQ:PARA) said Tuesday it will undergo "phase two” of its planned workforce reductions it kicked off last month. Co-CEO's George Cheeks, Brian Robbins, and Chris McCarthy informed ...

Co-CEOs George Cheeks, Brian Robbins and Chris McCarthy tell staff that after Tuesday, 90 percent of the company's layoffs will be complete.

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

Paramount Global is set to undergo another round of layoffs, with cuts expected to reduce the company’s U.S.-based workforce by 15%. The cuts, aimed at achieving Paramount’s plan to trim $500 ...

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 Global cut more jobs on Tuesday as part of a previously announced plan to reduce its U.S. workforce by 15%, or about 2,000 positions. The move is the second round of layoffs, and after ...

Approximately 2,000 employees will be affected by the workforce reduction. Despite the drastic measures, Paramount’s stock, PARA, was trading 6.57% higher at $10.86 in the pre-market, up from ...

Paramount is laying off 15 percent of its US workforce, according to reporting by Deadline.This follows a lean second quarter earnings report in which total revenue fell short from an expected $7. ...

Paramount has begun laying off approximately 15% of its workforce in the U.S., ... Paramount Global linked the upcoming headcount reduction to a "strategic plan" that involves streamlining its ...

Paramount (NASDAQ:PARA) said Tuesday it will undergo "phase two” of its planned workforce reductions it kicked off last month.Co-CEOs George Cheeks, Brian Robbins, and Chris McCarthy informed ...