One of Paramount Global’s top communications executives, Erin Calhoun, is stepping down from her role as EVP, Head of ...

The division is the latest victim in the media giant's efforts to generate annual run rate cost savings of $500 million ...

EXCLUSIVE: Paramount's advertising division is the latest unit to be hit by layoffs. Deadline understands that layoffs began ...

Paramount Global's advertising group conducted layoffs as part of the media conglomerate's efforts to slash $500 million in annual costs ...

It comes a month after Paramount Global officially initiated long-planned layoffs that will see it cut its U.S.-based workforce by 15%. The cuts began on August 13 and 90% are expected to be ...

Overall, CBS has faced significant financial issues, particularly after unveiling its streaming service, Paramount+. Facing ...

Paramount shares, which closed at $10.44 apiece at the end of Tuesday’s trading session, have fallen 23% in the past year and 27% year to date. News of the layoffs was first reported by Deadline.

When you are a media company like Paramount ($PARA), it would be easy to think that one of the biggest segments of your ...