🔗 Share this article Skydance Paramount Plans to Eliminate Nearly 2,000 American Positions – News Skydance Paramount is scheduled to start mass layoffs during the week starting 27 October, eliminating nearly 2,000 American roles as part of a budget-saving initiative worth $2bn under CEO David Ellison. The workforce reduction follow the union between Skydance Media and Paramount Global, which closed this past August worth $8.4bn. More international job cuts are likely, with the company planning to reveal all specifics in its third-quarter financial update on 10 November. Prior news suggested that Paramount planned to reduce from 2,000 and 3,000 roles by early November. As of December 2024, the organization employed almost 18,600 workers on full-time and part-time contracts plus 3,500 temporary project employees. The company did not immediately respond regarding the report.