Paramount Leadership Changes

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Paramount Makes More Layoffs

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 employees worldwide.

UPI on MSN · 13h

Paramount to cut 3% of U.S. workforce in layoffs

June 10 (UPI) -- Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs. Most of the impacted staff will be notified on Tuesday, according to a memo that came from the offices of the co-CEOs.

Variety · 16h

Paramount Makes More Layoffs: Several Hundred Employees Axed, Representing 3.5% of U.S. Workforce

Paramount Global is cutting 3.5% of its U.S. workforce, with the company citing linear TV declines and a "dynamic macro-environment" for the layoffs

12h

Paramount cuts hundreds of roles in the US.

The layoffs on Tuesday impact around 3.5 percent of Paramount’s global workforce, with the company having laid off around ...

Hosted on MSN11mon

What Now for Paramount? How Things Will (or Won't) Likely Change

Skydance's deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of times in the past 60 years, and the ...

14h

Roblox Hires Paramount's CFO: Will Naveen Chopra Fuel The Platform's Next Big Leap?

Naveen Chopra departs Paramount amidst significant layoffs to become Roblox's new CFO, effective June 30, 2025.

Yahoo Finance11mon

Paramount Global: Navigating Leadership Changes and Financial Challenges

The previous President and Chief Executive Officer of Paramount Global, Robert M. Bakish, joined Viacom in 1997 and held various leadership positions within ViacomCBS and its predecessor companies ...

MarketWatch22d

Paramount Group Initiates Review of Strategic Alternatives, Issues Leadership Changes

Paramount Group disclosed that its board initiated a review and evaluation of strategic alternatives to maximize shareholder value. "The board and management team remain focused on closing the ...

TheWrap10mon

Paramount Television Studios to Shut Down Due to ‘Significant Changes’ in TV Marketplace

Paramount Television Studios will cease operations ... This move is the result of significant changes in the TV and streaming marketplace and the need to streamline our company,” Cheeks wrote ...

16hon MSN

Paramount to Cut Another 3.5 Percent of U.S. Staff As It Awaits Word On Skydance Deal Close

"These changes are necessary to address the environment we are operating in and best position Paramount for success," its ...

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