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

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

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.

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 will cut 2,000 employees, 15% of its U.S. workforce, in the next few weeks, ahead of its planned merger with Skydance.

Paramount has begun laying off approximately 15% of its workforce in the U.S., expecting to cut several hundred employees in the coming weeks.

Paramount Media Networks, Showtime and MTV Entertainment Studios will cut 25% of their workforce, according to a report from the entertainment trade publication Variety.

A spokesman for Paramount said the company declined further comment. The latest cuts come after the media giant slashed about 15% of its workforce last year, part of an effort to trim costs by ...

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 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 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 ...