🔗 Share this article Skydance Paramount Will Cut Around 2,000 United States Roles – Report Skydance Paramount is scheduled to initiate large-scale job cuts beginning on 27 October, cutting about 2,000 positions in the United States under a expense reduction strategy worth $2bn under top executive David Ellison. The workforce reduction follow the merger of Skydance Media and Paramount Global, which closed in August valued at $8.4bn. Further global layoffs are likely, with Paramount Skydance planning to reveal all specifics in its third-quarter financial update on 10 November. Previous updates stated the firm planned to reduce from 2,000 and 3,000 roles before the start of November. As of December 2024, the organization had about 18,600 workers on full-time and part-time contracts along with 3,500 contract workers. The company has not yet commented on the matter.