Paramount co-CEOs Chris McCarthy, Brian Robbins and George Cheeks announced to staff in a memo that the planned layoffs will begin on Tuesday, and happen in three phases. The first phase begins ...

The layoffs will impact 15 percent of employees, and will happen in three phases, with 90 percent done by the end of September. By Alex Weprin Senior Editor Paramount will begin cutting 15 percent ...

Paramount Global has initiated the first wave of layoffs as it looks to reduce its U.S. workforce by 15%. The first of three stages of the staff reductions is beginning today, with 90% of the ...

April 22, 2024 Paramount completed an earlier round of layoffs several months ago, resulting in the elimination of about 800 positions. Last week, during its second-quarter earnings report ...

Paramount said in August that it would cut 15% of its U.S. workforce — layoffs that were estimated to affect about 2,000 employees — coming ahead of its planned merger with Skydance Media.

Paramount Global announced Tuesday that it was shuttering one of its television studios, part of a round of deep staff cuts aimed at eliminating nearly 2,000 jobs by year's end as the company ...

with layoffs a key component in hitting that target. Sources have indicated to Deadline in recent days that the streaming organization within Paramount, encompassing several departments ...

Paramount’s properties include CBS, MTV, Nickelodeon, Comedy Central and BET. Paramount’s layoffs come amid a pending merger with Skydance Media that will award $4.5 billion to shareholders ...

On August 13, Paramount co-CEOs Chris McCarthy, Brian Robbins and George Cheeks shared in an internal memo that the layoffs are to play out in three phases with first phase kicking off on Tuesday.

Paramount shares, which closed at $10.44 apiece at the end of Tuesday’s trading session, have fallen 23% in the past year and 27% year to date. News of the layoffs was first reported by Deadline.

Paramount Television Studios, which has been a key player in the industry for 11 years, will cease operations at the end of this week, Deadline reported. The decision comes amid broader layoffs at ...

Naveen Chopra departs Paramount amidst significant layoffs to become Roblox's new CFO, effective June 30, 2025.