Paramount Skydance to eliminate 2,000 US jobs – report

Sat, 18 Oct 2025

Layoffs follow $8.4bn merger between Skydance Media and Paramount Global in August

Paramount Skydance will begin mass layoffs the week of 27 October, eliminating about 2,000 US jobs as part of a $2bn cost-cutting plan under new chief executive David Ellison, Variety reported on Saturday.

The layoffs follow the $8.4bn merger between Skydance Media and Paramount Global, which closed in August.