Coverage dated August 12, 2024

Paramount laying off another 15 percent of its US workforce

Headline from Engadget

Paramount laying off another 15 percent of its US workforce.The company let go of 3 percent of its employees back in February.

Engadget's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

6 articles, oldest first.

  1. Engadget

    Paramount laying off another 15 percent of its US workforce (opens Engadget)

    Published

    Engadget's feed description

    Paramount laying off another 15 percent of its US workforce.The company let go of 3 percent of its employees back in February.

  2. New York Times

    Paramount Lays Off 15 Percent of U.S. Employees (opens New York Times)

    Published

    New York Times's feed description

    The company is cutting staff ahead of its merger next year with the Hollywood studio Skydance.

  3. FOX Business

    Paramount begins laying off 15% of work force, hundreds expected to be cut (opens FOX Business)

    Published

    FOX Business's feed description

    Paramount has begun laying off a significant portion of its U.S. workforce, with hundreds of employees expected to be cut from the company in the coming weeks.

  4. Deadline

    Paramount Layoffs Begin; Co-CEOs Tell Staffers Media Company Has Reached “An Inflection Point” As “Industry Continues To Evolve” (opens Deadline)

    Published

    Deadline's feed description

    Paramount Global has initiated the first wave of layoffs as it looks to reduce its U.S. workforce by 15%.

  5. Los Angeles Times

    Paramount begins major layoffs ahead of Skydance merger (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Paramount is laying off 15% of its staff, or about 2,000 people, in a major cost-cutting move aimed at finding $500 million in annual savings.

  6. The Hollywood Reporter

    Major Paramount Layoffs to Begin Today, Co-CEOs Tell Staff (opens The Hollywood Reporter)

    Published

    The Hollywood Reporter's feed description

    Paramount layoffs begin, cutting 15% of employees starting Tuesday.

Paramount laying off another 15 percent of its US workforce | Since Then