The three new heads of Paramount Global’s Office of the CEO sent a memo to staff after the news was announced. They didn’t directly address the M&A negotiations that could dramatically reshape ...

In another cost-cutting maneuver, Paramount Global has shut down the websites of MTV News, Comedy Central and other cable outlets directing web traffic to Paramount+.

Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday.

Today’s layoffs represent about 3% of Paramount’s global head count. At the start of 2023, Paramount had 24,500 full- and part-time employees in 37 countries, with another 5,800 project-based ...

Paramount Global Boots Bob Bakish as CEO, Names New Leadership Team of Three Execs George Cheeks, Chris McCarthy and Brian Robbins will head newly formed Office of the CEO ...

Paramount Global is sharpening the ax for a massive wave of staff reductions that could whack as many as 800 jobs, according to a new report. The debt-laden entertainment giant, which has been put … ...

Skydance Media has submitted a sweetened offer for Paramount Global, according to a person familiar with the matter.. The new deal improves terms for both classes of Paramount shareholders, and ...

JPMorgan analyst David Karnovsky cut Paramount Global’s (NASDAQ:PARA) price target from $11 to $10 on May 21 and maintained an Underweight rating. The downgrade follows concerns about continued ...