Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Paramount said in an internal memo Tuesday it will cut 3% of its U.S. workforce. File Photo by John Angelillo/UPI June 10 (UPI) --Paramount Global is making another cut into its U.S. workforce by ...

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs at the media company as it contends with the decline of the traditional pay ...

June 10 (UPI) -- Paramount Global is making another cut into its U.S. workforce by 3.5% in the next round of layoffs. Most of the impacted staff will be notified on Tuesday, according to a memo ...

Paramount Global, which last year shed 15% of its U.S. workforce, said Tuesday it will reduce it by another 3.5% due in part to linear TV declines.