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Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...
So far in 2025, companies have announced 744,308 job cuts—the most at this point in the year since the pandemic.
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Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, ...
Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have continued to bleed over from last year’s avalanche of job cuts. The ...
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Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economyThe layoffs are just the latest to hit the beleaguered media industry, which has also seen staff cuts at Disney and Warner Bros. Discovery, to name a few. In Paramount Global’s latest round of ...
The cutbacks affect 10% of the Axios staff. In an internal memo sent to employees, the CEO cited "a rapidly changing media landscape" for the layoffs.
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