Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business Yahoo FinanceParamount to lay off 15% of staff amid brutal period in media CNNParamount Writes Down Value of Cable-TV Business by $6 Billion and Cuts 2,000 Jobs The Wall Street JournalParamount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings CNBCParamount’s TV networks are collapsing in a $6 billion hole Business Insider