Paramount Global will cut $500 million in costs by the end of the year, and aims to have the bulk of them completed by the end of September, according to a memo from company management issued Tuesday.

who controls National Amusements and its 77% voting shares in Paramount Global. July 2, 2024 Paramount employees have been reeling due to corporate uncertainty throughout the year. As the sale ...

President Nicole Clemens said in an email to employees. George Cheeks, Paramount Global's co-CEO, said the move to close down the studio by the end of the week is the result of major shifts in the ...

Paramount Global (PARA) announced in a memo to staff ... According to a separate internal memo from the company's CEO trio, the layoffs kicked off on Tuesday and will continue in three phases ...

By Rick Porter Television Writer “As you’re all aware, Paramount Global has made the difficult decision to close Paramount Television Studios as part of the company’s broader restructuring ...

The layoffs, which will be carried out in three ... cost cuts associated with Skydance Media’s pending merger with Paramount Global. The $8 billion deal is slated to close in the third quarter ...

Wednesday, June 12th marked Paramount's 28th annual Community Day. Paramount is thrilled to share that this year’s global ...

LOS ANGELES — Paramount Global launched a deep round of staff ... On Tuesday, the leaders said affected employees would be notified in three phases “starting today and continuing through ...