Paramount is laying off 3.5% of its US workforce. Its leaders sent a memo to workers describing the rationale for the cuts.

Zaneri is leaving to focus full time on nonprofit work, while Virginia Lazalde-McPherson will take on new duties at the ...

Wendy McMahon is quitting CBS News, citing disagreement with Paramount's direction. Her exit raises concerns about the future of "60 Minutes." ...

Paramount Global is laying off 3.5% of its U.S. staff in the latest round of job cuts as the company grapples with a decline ...

Paramount Global is cutting its U.S.-based staff by 3.5%, a decision that comes during economic uncertainty and yearslong declines in cable subscribers.