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

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

The previous President and Chief Executive Officer of Paramount Global, Robert M. Bakish, joined Viacom in 1997 and held various leadership positions within ViacomCBS and its predecessor companies ...

Skydance's deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of times in the past 60 years, and the ...

Paramount Group disclosed that its board initiated a review and evaluation of strategic alternatives to maximize shareholder value. "The board and management team remain focused on closing the ...

Paramount has tentatively been sold to David Ellison and Skydance, which means drastic changes for the media ... the new Paramount leadership will implement an additional $1.2 billion in cost ...

Paramount has tentatively been sold to David Ellison and Skydance, which means drastic changes for the media ... the new Paramount leadership will implement an additional $1.2 billion in cost ...

Paramount Television Studios will cease operations ... This move is the result of significant changes in the TV and streaming marketplace and the need to streamline our company,” Cheeks wrote ...

By Pamela McClintock, Rick Porter, Aaron Couch Skydance‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a ...

The previous President and Chief Executive Officer of Paramount Global, Robert M. Bakish, joined Viacom in 1997 and held various leadership positions within ViacomCBS and its predecessor companies for ...