Paramount Skydance to lay off 2,000 US employees: Report
Mansi Agarwal, Published on Oct 18th, 2025
Paramount Skydance plans to start laying off around 2,000 employees in the US this month, Variety reported. The layoffs, which are part of a $2 billion cost-cutting plan under new CEO David Ellison, could also result in global job cuts. This comes just months after the $8.4 billion merger between Skydance Media and Paramount Global.
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