Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...

Paramount said in an internal memo Tuesday it will cut 3% of its U.S. workforce. File Photo by John Angelillo/UPI June 10 (UPI) --Paramount Global is making another cut into its U.S. workforce by ...

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.

Paramount Global, which last year shed 15% of its U.S. workforce, said Tuesday it will reduce it by another 3.5%. The cuts will take effect Tuesday, according to a memo from Co-CEOs George Cheeks ...

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

June 10 (UPI) -- Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs. Most of the impacted staff will be notified on Tuesday, according to a memo ...

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 job cuts are just the latest to hit the beleaguered media industry, which recently has seen staff reductions at Disney and Warner Bros. Discovery.

Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media landscape and uncertain economy. The latest round of ...

Last June the trio of CEOs presented a go-forward plan that had included job cuts and reduced spending. In August, Paramount began the process of reducing its U.S.-based workforce by 15%.