Paramount Global is set to lay off 3.5% of its U.S. staff due to declining cable TV subscribers, following a significant ...

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

This is the second (or third, depending on how you count) round of layoffs for the company in the past year. Last August, ...

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 ...

Paramount plans to lay off hundreds of US staff, affecting 3.5% of its workforce, due to a decline in the cable-TV industry ...

Paramount Global’s chief financial officer Naveen Chopra is exiting the media giant to pursue other opportunities, the media ...

Chopra joined Paramount as EVO and CFO in 2020, when the company was still called ViacomCBS. He drove the company’s ...

It’s that time of year again when the mega-yachts of titans of media, tech and advertising drop anchor in the Mediterranean ...

Wall Street analysts are bullish the move could pave the way for M&A and bring the industry a step closer to rationalization ...

Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...

Paramount Global (PARA) is set to lay off 3.5% of its workforce in a new round of job cuts, according to a memo reportedly ...