Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...

So far in 2025, companies have announced 744,308 job cuts—the most at this point in the year since the pandemic.

Companies have reported more than 744,000 job cuts this year — the highest figure since the first six months of 2020, ...

Bloomberg News is the latest media company hit by layoffs, with editor-in-chief John Micklethwait telling staffers on Tuesday ...

Bloomberg will merge its credit and finance teams, as well as its legal and financial regulation coverage groups, according ...

Walt Disney Co., Warner Bros. Discovery and Paramount all enacted layoffs in recent weeks, reflecting the continuing struggles of traditional media.