Paramount cut approximately 1,000 jobs on Wednesday, with another 1,000 expected "swiftly" in a massive headcount reduction designed to address "redundancies that have emerged" after the company’s $8 ...

Paramount Group has officially snagged a buyer. Rithm Capital inked a deal to acquire the major office landlord for $1.6 billion. The mortgage servicer plans to acquire the outstanding shares of ...

Last Thursday, comedian Stephen Colbert told viewers across the country that his late night show on CBS—ranked #1 in its time slot for nine straight seasons—would end next May. Audience members booed.

David Ellison, CEO and chairman of Paramount, told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026. Employees who do not wish to make the ...