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Paramount to cut 3% of U.S. workforce

Variety on MSN · 2d

Paramount Makes More Layoffs: Several Hundred Employees Axed, Representing 3.5% of U.S. Workforce

Paramount Global is paring back another 3.5% of its U.S. workforce, eliminating several hundred jobs domestically. The company’s trio of co-CEOs — George Cheeks, Brian McCarthy and Brian Robbins — cited linear TV declines and a “dynamic macro-environment” for the layoffs in a companywide memo Tuesday.

Reuters on MSN · 2d

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

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline in cable TV subscribers, according to an internal memo seen by Reuters.

UPI on MSN · 2d

Paramount to cut 3% of U.S. workforce in layoffs

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 that came from the offices of the co-CEOs.

2d

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 ...

The HR Digest1d

The Paramount Layoffs Highlight How the Cable TV Slump Is Spurring Job Losses

A recent round of layoffs at Paramount has affected 3.5% of the company’s US teams, with more cuts still on the table in the ...

2don MSN

Paramount lays off several hundred employees amid linear TV declines and ‘dynamic macro-environment’

As studios continue to downsize, Paramount Global is the latest to announce layoffs. The company said Tuesday that it would ...

2don MSN

Lauren Ruggiero Leaving As SVP Scripted At MTV Entertainment Studios Amid Paramount Layoffs

Lauren Ruggiero, SVP Scripted at MTV Entertainment Studios, is departing as part of a round of layoffs impacting 3.5% of ...

2d

Paramount cuts hundreds of roles in the US.

The layoffs on Tuesday impact around 3.5 percent of Paramount’s global workforce, with the company having laid off around ...

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