The entertainment conglomerate now expects to cut its workforce by 13%, or about 750 employees—up from a 10% reduction.

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

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

Ailing German carmaker Volkswagen on Thursday declined a media report that it is planning to lay off up to 30,000 employees. ...

Deadline understands that layoffs began across Paramount Advertising ... and come as the company is in the process of being ...

If you’re living in Canada, it’s probably no surprise to you that 2024 has been labeled the year of the “Media Apocalypse.” ...

Atlantic Records is undergoing significant changes as it faces a wave of layoffs. Among those reacting to the news is the ...

Warner Music (NASDAQ:WMG) is now expecting to lay off more employees than it originally planned as part of a restructuring ...

The majority of the cuts are still expected to be related to the O&O Media Properties, corporate and various support functions, Warner Music said. Warner Music added that it now expects to book ...

Erin Calhoun's departure comes as Paramount is bracing for the next wave of layoffs, which I hear is expected next Tuesday, ...

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 ...