The widely anticipated layoffs come just months after the Trump administration greenlit the creation of the company following ...

In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to ...

Paramount Skydance just cut about 1,000 employees. Read the memo that CEO David Ellison sent to staffers about the layoffs.

David Ellison, whose Skydance bought the media conglomerate this summer for $8 billion, announces move “addressing ...

In the memo, CEO David Ellison said the company is "phasing out roles that no longer align with the company's evolving ...

"We are phasing out roles that are no longer aligned with our evolving priorities and the new structure designed to ...

Layoff notices were being sent starting Wednesday to roughly 1,000 U.S. employees of Paramount, nearly three months after the ...

Paramount Skydance Corp. began a planned round of job cuts involving 1,000 workers on Wednesday as part of an effort to slash $2 billion in costs following its August merger with Skydance Media. More ...

The firings mark the first major restructuring since Skydance Media completed its $8.4 billion merger with Paramount Global ...

Paramount will lay off about 2,000 employees, or 10% of its workforce, as it restructures months after completing its ...