News

Paramount Says Abrupt Dismissal Of Longtime Media Agencies WPP Media And Horizon Was Driven In Part By Push For "Greater Efficiency" – Update
D with company statement. Paramount Global has confirmed that it has swapped out its media agencies, parting ways with WPP ...
What to know about Trump's deployment of the Marines and National Guard to LA's immigration protests
Marines and additional National Guard troops headed to Los Angeles on Tuesday, sent in by President Donald Trump in response ...
Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economy
Paramount's job cuts are just the latest to hit the beleaguered media industry, which has recently seen staff reductions ...
Paramount to slash 3.5% of US staff in latest round of cuts: ‘Hard, but necessary’
The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...
Paramount Acquisitions Chief Barbara Zaneri Exits, Virginia Lazalde-McPherson Takes On Expanded Role
Following Zaneri’s exit, Virginia Lazalde-McPherson will expand her role. Lazalde-McPherson, who was most recently EVP and ...
Paramount Global puts 355K sf up for sublease
Paramount Global is looking to sublease 355,000 square feet across two properties in Midtown Manhattan, two people familiar ...
Paramount slashes jobs as streaming wars intensify
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.
Los Angeles Times6d
Paramount lays off several hundred employees amid linear TV declines and ‘dynamic macro-environment’
Paramount Global will lay off 3.5% of its domestic workforce, which amounts to several hundred jobs, as the media and entertainment ... “These changes are necessary to address the environment ...