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Tag: Paramount Global

Paramount Global logo is seen in this illustration taken December 17, 2024. REUTERS/Dado Ruvic/Illustration/ File Photo

Paramount to lay off 3.5% of US staff in latest job cut, memo shows

The layoff was communicated to its staff on Tuesday morning and it could affect some non-U.S. workforce over time.

Read More Paramount to lay off 3.5% of US staff in latest job cut, memo shows
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Trump rejects $15M Paramount settlement offer stemming from ‘60 Minutes’ Kamala Harris lawsuit

President Donald Trump has rejected Paramount Global’s recent $15 million settlement offer, demanding an apology from CBS News for interfering in the 2024 presidential election.

Read More Trump rejects $15M Paramount settlement offer stemming from ‘60 Minutes’ Kamala Harris lawsuit
President and CEO of CBS, Wendy McMahon attends the 2024 ADL “In Concert Against Hate” at the Kennedy Center Concert Hall on November 18, 2024 in Washington, DC. (Photo by Jemal Countess/Getty Images fo Anti-Defamation League)

CBS News CEO Wendy McMahon abruptly steps down

CBS News President and CEO Wendy McMahon has announced that she will be stepping down, citing disagreements with the company amid a “challenging” period.

Read More CBS News CEO Wendy McMahon abruptly steps down
GRAND RAPIDS, MICHIGAN - NOVEMBER 05: Republican presidential nominee, former President Donald Trump speaks during a campaign rally at Van Andel Arena on November 05, 2024 in Grand Rapids, Michigan. Trump campaigned for re-election in the battleground states of North Carolina and Pennsylvania before arriving for his last rally minutes after midnight in Michigan. (Photo by Chip Somodevilla/Getty Images)

CBS Staffers Outraged As Network Prepares For Settlement In Trump’s $10B Lawsuit Against Parent Company

CBS News staffers have expressed their outrage over the network’s parent company’s intentions of reaching a settlement in the $10 billion lawsuit filed by President Donald Trump regarding a previous “60 Minutes” interview with Kamala Harris.

Read More CBS Staffers Outraged As Network Prepares For Settlement In Trump’s $10B Lawsuit Against Parent Company
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Paramount To Layoff 15% Of U.S. Workforce 

Paramount Global has announced that they will be cutting 15% of its workforce in the states.

Read More Paramount To Layoff 15% Of U.S. Workforce 
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. REUTERS/Brendan McDermid/File Photo

Wall St edges lower as volatile week draws to a close

Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.

Read More Wall St edges lower as volatile week draws to a close

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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