Paramount's announcement of 2,000 U.S. job cuts, set for the week of October 27, 2025, has sent shockwaves through Hollywood.

FILE - Producer David Ellison poses for the media during the 'Top Gun Maverick' UK premiere at a central London cinema, on May 19, 2022. (AP Photo/Alberto Pezzali ...

Paramount Skydance will lay off about 10% of its workforce to align with "evolving priorities," CEO David Ellison said in an internal memo to employees. The first 1,000 layoffs are happening Wednesday ...

The job cuts are the result of a merger with Skydance, the Hollywood studio founded by David Ellison. By Benjamin Mullin Paramount on Wednesday began laying off more than 2,000 employees, a ...

In widely expected job cuts after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees. Paramount initiated roughly 1,000 of those layoffs ...

Paramount Global will lay off roughly 2,000 employees starting Wednesday, marking one of the company’s largest rounds of job cuts in years. The move follows its $8 billion merger with Skydance Media, ...

AP Business Writer (AP) — In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees. Paramount initiated ...