Paramount lays off 1,000 workers in first round of cuts

October 29, 2025

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1 min read

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Los Angeles Times

The restructuring comes two and a half months after David Ellison's Skydance Media completed its acquisition of Paramount.

Paramount on Wednesday began cutting about 1,000 employees, the first wave of a deep staff reduction planned since David Ellison took the helm of the entertainment company in August. Ellison announced the layoffs in an early morning email to his staf... [4762 chars]

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Source: Los Angeles Times

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