Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.

Paramount Global is laying off 3.5% of its US workforce in the latest round of cuts as the media giant struggles with steep declines in cable TV subscribers, the company said Monday.

Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media landscape and uncertain economy. The latest round of ...

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Paramount is cutting 3.5% of its US workforce amid linear TV declines. The layoffs follow similar moves by Disney and Warner Bros. Discovery in recent days. The industry is navigating a painful ...

Amanda Seyfried accused Paramount Pictures of owing her money for using her "likeness" on Mean Girls merchandise, saying she's "a little resentful" about the lack of compensation.

Paramount wants to secure the rights to stream 'South Park,' but the deal still hasn't come to fruition as the Skydance deal is still in limbo.

Paramount Pictures has acquired rights to The Romantic, a romantic comedy spec from Deborah Kaplan and Harry Elfont, with ...

Paramount’s Mark Viane declared “comedies are back” during the studio’s presentation at CineEurope where new footage of The Naked Gun was screened ...

Paramount Global is shedding 3.5 percent of its workforce, as well as a huge portion of the buildings it occupies in Midtown. The media production company has been taking cost-cutting measures in ...

Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay ...

Videos on social media showed ICE agents near a Home Depot store in Paramount. Bill Melugin of Fox News cited sources to report that the ICE did not conduct raids at the store.