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

The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...

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 ...

Paramount Global CFO Naveen Chopra is exiting the company “to pursue other opportunities,” the company said on Monday.

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 ...

Paramount Global is cutting its U.S.-based staff by 3.5%, a decision that comes during economic uncertainty and yearslong declines in cable subscribers.

Wendy McMahon is quitting CBS News, citing disagreement with Paramount's direction. Her exit raises concerns about the future of "60 Minutes." ...

CBS News President and CEO Wendy McMahon is resigning, marking the second high-profile departure at the network in one month ...

McMahon alluded to the network’s battles with the president in a memo to staff on ... to move forward with new leadership.” CBS News did not comment. Paramount Global declined to comment.

“It’s become clear that the company and I do not agree on the path forward,” McMahon said in the memo ... forward with new leadership.” CBS’ corporate parent, Paramount Global, began ...

Wendy McMahon, president and CEO of Paramount Global's CBS News, will step down from her position, telling staffers that she and the company have differing views on the path forward, according to a ...