https://www.cnbc.com/2025/06/10/paramou ... tting.html
Paramount to cut 3% of U.S. workforce as it deepens cost-cutting
Paramount Global told employees that it would be reducing its workforce by 3.5% and that the majority of the impacted staff would be alerted on Tuesday.
It’s the latest round of layoffs at the media company as it contends with cord-cutting and prepares to merge with Skydance Media.
Layoffs have been taking place across the media industry in recent weeks, with reported headcount reductions at Disney and Warner Bros. Discovery.
Paramount Global
is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay-TV bundle and macroeconomic headwinds.
The company notified its staff of the impending layoffs on Tuesday morning, according to a memo viewed by CNBC. The memo, which came from the office of the CEO — George Cheeks, Chris McCarthy and Brian Robbins — said the majority of the impacted staff will be notified on Tuesday.
The layoffs also come as Paramount has been in the process of seeking regulatory approval for its proposed merger with Skydance Media.
Last June the trio of CEOs presented a go-forward plan that had included job cuts and reduced spending. In August, Paramount began the process of reducing its U.S.-based workforce by 15%.
In Tuesday’s memo the CEOs said that the process may also result in some impacts to the workforce outside of the U.S. over time.
“We recognize how difficult this is and are very thankful for everyone’s hard work and contributions. These changes are necessary to address the environment we are operating in and best position Paramount for success,” the CEOs said in the memo.
Layoffs have been taking place across the media industry in recent weeks, with reported headcount reductions at Disney
and Warner Bros. Discovery.
Paramount employed roughly 18,600 full- and part-time employees globally as of December, before recent cuts, according to the regulatory filing.
Paramount to cut 3% of U.S. workforce as it deepens cost-cut
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#3 Re: Paramount to cut 3% of U.S. workforce as it deepens cost-cut
原以为entertainment 行业会好一点... 结果裁员也是毫不手软