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Paramount Skydance to cut 2,000 jobs starting final week of October: report
New York Post· 2025-10-19 01:26
Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on Saturday.The layoffs follow the $8.4 billion merger between Skydance Media and Paramount Global, which closed in August.Additional international job cuts are expected, with the company aiming to disclose full details in its third quarter earnings report on November 10, the report added. 3 Paramount Skydance will beg ...