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.

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CBS Studios' EVP Casting Deborah Aquila is leaving as part of the Paramount layoffs. CBS' SVP late night Nick Bernstein exits as 'After Midnight' Ends.

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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.

Shari Redstone, chair of Paramount Global, has been diagnosed with thyroid cancer, a spokesperson for Redstone confirmed Thursday. "Shari Redstone was diagnosed with thyroid cancer earlier this ...

President Trump is praising the chief executive of Skydance Media, David Ellison, voicing his support for the tech scion taking over Paramount Global. But the president’s $20 billion lawsuit against ...

Negotiations to settle Trump’s $20 billion lawsuit against CBS News over the Kamala Harris “60 Minutes” interview entered their sixth month.

CBS News is facing backlash for posting what appeared to be an advertisement for "No Kings Day" protest merchandise on X, with users criticizing the outlet for promoting anti-Trump goods.

Paramount Global, which last year shed 15% of its U.S. workforce, said Tuesday it will reduce it by another 3.5% due in part to linear TV declines.

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