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

The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...

Wendy McMahon has resigned as president and CEO of CBS News amid reported tensions with Paramount leadership over the network ...

Paramount Global (NASDAQ:PARA), a media and entertainment company, delivers content to global audiences, featuring brands like CBS and Nickelodeon, catering to diverse tastes worldwide. Recognized ...

CBS News President and CEO Wendy McMahon is resigning, marking the second high-profile departure at the network in one month ...

Democratic state senators want the ousted CEO of CBS News and Stations and the former executive producer of ‘60 Minutes’ to ...

Pressure is mounting on Paramount Global from both the inside and outside as it considers settling a high-stakes lawsuit brought by President Donald Trump. Lawyers for Trump and Paramount entered ...

CBS News Chief Executive Officer Wendy McMahon announced Monday she is stepping down, the latest twist in a growing battle of wills between the company's news division and Paramount Global ...

Redstone has also been unhappy with McMahon's leadership and the performance of CBS News from a business perspective, according to people familiar with Redstone's thinking. Paramount Global is ...

As CBS and its parent company Paramount Global navigate a high-stakes lawsuit from President Donald Trump, the media conglomerate quietly settled another lawsuit alleging racial discrimination ...