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 ...

Another round of layoffs at Microsoft reportedly causes Xbox social media to go silent to avoid any backlash from the gaming ...

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

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 ...

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

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

Digital media once seen as a savior, isn't immune either, with a 10 per cent rise in layoffs as companies tighten their belts. These aren't just numbers - these are livelihoods and careers.