Paramount Staff Reductions

Order byBest matchMost fresh

Paramount to slash 3.5% of US staff

Paramount to slash 3.5% of US staff in latest round of cuts: ‘Hard, but necessary’

Paramount Global is laying off 3.5% of its US workforce in the latest round of cuts as the media giant struggles with steep declines in cable TV subscribers, the company said Monday. The move follows a 15% reduction last year as part of a $500 million cost cutting plan.

· 1d

Paramount to cut 3% of U.S. workforce as it deepens cost-cutting

ET BrandEquity · 1d

Paramount to lay off 3.5% of US staff in latest job cut, memo shows

· 1d

Paramount is laying off 3.5% of its US workers. Read the memo its leadership sent to staff.

WBD and Comcast are spinning off their linear TV businesses into new companies.

· 1d

Paramount Global to Cut U.S. Workforce by 3.5% -- Memo

Putnam Daily Voice · 1d

Paramount To Lay Off 3.5 Percent Of US Workforce Amid Decline In Pay-TV Subscriptions

1don MSN

Paramount to Cut Another 3.5 Percent of U.S. Staff As It Awaits Word On Skydance Deal Close

"These changes are necessary to address the environment we are operating in and best position Paramount for success," its co-CEOs say.

Paramount attempts to stop the bleeding with another major layoff

Our progress is clear, and the results are meaningful.” Nevertheless, “several hundred” Paramount employees are now out of a job. More or less quarterly layoffs are an industry-wide trend; despite seemingly having a successful year,

1don MSN

Paramount To Lay Off 'Several Hundred' Employees

According to reports, Paramount ended 2024 with 18,600 employees worldwide, down from the 21,900 full- and part-time employees--plus 4,500 project-based staffers--the company fielded in 2023, per Deadline.