Location: US.
Department affected: CBS News.
Based on news reporting.
Paramount Global has announced plans to lay off 3.5% of its US workforce in response to a decline in pay-TV subscriptions. The company is facing challenges in the current media landscape, prompting this workforce reduction as part of its strategy to adapt to changing market conditions. While the exact number of employees affected has not been disclosed, the decision reflects the broader struggles within the pay-TV industry. Details regarding the specific timing and locations of the layoffs have yet to be clarified.
Paramount Global cut 2,000 jobs affecting its CBS News team as of January 31, 2026.
That is roughly 9.1% of the 21,900 people Paramount Global employs.
LayoffTalk has tracked 46 layoff events at Paramount Global since October 2023, affecting a combined 11,649 employees.
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Estimated figure based on news reporting. Not yet confirmed by Paramount Global.
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