Paramount Global CEO Bob Bakish on Thursday said the media company would undergo layoffs as it strives to become a leaner company that spends less.

Paramount Global CEO Bob Bakish addressed reports that the company would undergo layoffs, writing "we will continue to reduce our workforce globally."

Paramount CEO Bob Bakish announced layoffs at the media company. He did not disclose how many jobs the company would cut. The job reductions come amid layoffs at a range of media companies, and a C...

Skydance, the film and TV studio run by Ellison, son of Oracle founder Larry Ellison, has exchanged preliminary information with Paramount, according to CNBC.

Paramount Global (NASDAQ: PARA ) stock is in the news on Thursday following reports that David Ellison's Skydance Media is looking to take the media company private. According to these reports, Sky...

Garima Jain, Deputy CEO and Head of Grains for India at Louis Dreyfus, says India's food security is paramount.

Paramount Global shares rose 3% in premarket trade, as CNBC reported that David Ellison's Skydance Media is interested in leading a deal to buy the media company. The report said Skydance is workin...

David Ellison's Skydance is said to have made a preliminary offer to buy Shari Redstone's stake in National Amusements, the family holding company that controls Paramount Global, according to a Blo...

Skydance has discussed acquiring National Amusements, the holding company of Paramount Global, but those talks are contingent on a larger deal, sources said.

David Ellison, son of Oracle founder Larry Ellison, has held discussions with Paramount about merging it with Skydance Media.

Paramount Global is sharpening the ax for a massive wave of staff reductions that could whack as many as 800 jobs, according to a new report. The debt-laden entertainment giant, which has been put ...

EXCLUSIVE: Amid speculation about its future, Paramount Global is proceeding with a new wave of staff reductions in February, sources tell Deadline. I hear the cuts will impact hundreds of employee...

Paramount Global stock has plunged since early 2021 for several reasons. Berkshire Hathaway began buying shares in 2022 Q1 and now owns over 15% of Paramount.

Skydance Media, the independent Hollywood studio, is reportedly in the initial stages of negotiating an all-cash acquisition of National Amusements, the parent company of media conglomerate Paramou...

Skydance Media is in early talks over an all-cash offer for National Amusements, the parent of media giant Paramount Global, in an effort that would eventually merge both Skydance and Paramount, th...