LOS ANGELES – Paramount Global launched a deep round of staff cuts Tuesday, a move aimed at eliminating nearly 2,000 jobs by year’s end as the company prepares for a new ownership regime. Company ...

Layoffs are a result of Paramount’s recent merger with Sydance. Paramount to lay off thousands of employees after Skydance merger; more cuts planned. Workforce reductions aim to achieve $2 billion in ...

Paramount+ has lost the international streaming rights to South Park, which has resulted in it being removed from the service in the UK, Europe and other regions outside of the US. Negotiations are ...

Famed money manager Mario Gabelli, one of the largest shareholders in Paramount Global, urged the Federal Communications Commission to halt its review of the transfer of broadcast licenses in the ...

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 of ...

About 1,000 roles are expected to be impacted this week, ahead of the new owner's first earnings call as Paramount CEO in November. By Alex Weprin Senior Editor Major Paramount layoffs are beginning ...

David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week ...