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 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 will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday.

Paramount Global Co-CEO Chris McCarthy confirmed the long-expected layoffs hitting the company, saying the media company plans to cut its U.S.-based workforce by about 15%. Speaking on the company ...

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 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 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 (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 ...