Paramount To Complete '90%' of Planned Staff Cuts Tuesday, Report Says
Paramount Global is moving ahead with the second phase of the roughly 15% workforce reduction it announced last month.
Paramount ‘phase 2’ cuts eliminating 15% of US staff
Paramount, in the process of being acquired by Skydance Media, is already initiating its plan to reduce expenses by $500 million. The first round of staff cuts
Paramount starts second phase of its planned layoffs
Paramount Global is now going through Phase 2 of its planned layoffs, which started in August. After Tuesday, 90% of the layoffs will be finished.
Paramount Cuts More Jobs as Part of Planned Reductions
Paramount Global cut more jobs on Tuesday as part of a previously announced plan to reduce its US workforce by 15%, or about 2,000 positions.
Paramount Begins Round 2 of Layoffs to Reduce Staff by 15%
Paramount began a planned second wave of layoffs on Tuesday morning, nearly completing a 15% staff reduction announced last month. "In order to set Paramount up for continued success, we are taking these actions,
Paramount Global Unveils ‘Phase Two’ of Layoffs
Paramount Global said it was continuing to cut staff amid a difficult climate, hoping to net 90% of its overall layoffs
Paramount Begins Second Round Of Layoffs To Trim 15% Of Workforce: Report
A total of about 2,000 workers are losing their jobs to reduce annual costs by $500 million ahead of a merger with Skydance Media.
Paramount+ Comms Team Gutted in Latest Round of Layoffs
Paramount+'s communication team has been hit by Paramount Global's latest round of layoffs as part of its 15% reduction of its U.S. workforce. Senior vice presidents Morgan Seal and Amanda Cary are among those impacted,
WGA East Slams “Shameful” CBS Broadcasting Layoffs As “A Blow To…Already Stretched-Thin Newsrooms”
The WGA East issued a statement Wednesday, slamming the CBS broadcasting layoffs that impacted 12 of its members ...
Buffalo News5h
Alan Pergament: Jeff Glor seeking 'next chapter' after exit from CBS News in round of cuts
Glor, who has been with CBS for 17 years and was the anchor of the prestigious “CBS Evening News” for 18 months, is part of ...
Paramount Global begins second phase of layoffs in U.S., internal memo says
Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward ...
‘Matchbox’ Film About the Toy Cars in the Works, Will Star John Cena
Barbie, it seems, was just the beginning. Toy brand Mattel has plans to use its iconic Matchbox die-cast toy car line as the ...
Paramount To Be Controlled By World's Sixth-Richest Man Larry Ellison: How Helping His Son Landed A Media Stake
Larry Ellison is helping to finance the merger between Paramount and Skydance and will get rewarded with a controlling ...
Barry Diller Says His Interest In Bidding For Paramount “Unquestionably” Pushed Skydance To Seal Merger
Barry Diller said his interest in bidding for Paramount Global "unquestionably" pushed Skydance to close its acquisition of ...
Skydance lobbies up for Paramount merger
— While Skydance has no other federal lobbyists on its payroll, Paramount, of course, has scores of them. The company has spent more than $2.8 million on lobbying so far this year, including on ...
Paramount Global bloodbath continues with ‘phase two’ of 2,000 job cuts planned by the struggling media giant
The bloodbath at Paramount Global continued Tuesday as the struggling media giant kicked off a second round of layoffs in its ...
CBS Broadcasting Layoffs, Part Of Broader Paramount Cuts, Slammed By IBEW As “A Hard Pill To Swallow”
The IBEW, which is the largest union representing CBS employees, is slamming the latest round of Paramount layoffs affecting ...