Paramount To Cut Roughly 1,000 Workers In U.S. On Wednesday, With Another Thousand Soon To Follow

[mahatmakanejeeves]

Source: Deadline

BREAKING NEWS
Paramount To Cut About 1,000 Workers In U.S. On Wednesday, With Another Thousand To Follow Soon

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Paramount To Cut Roughly 1,000 Workers In U.S. On Wednesday, With Another Thousand Soon To Follow

By Dade Hayes
October 27, 2025 1:46pm

Paramount is planning to lay off about 1,000 workers Wednesday, with an additional thousand to follow at a time still being determined, sources familiar with the plans tell Deadline.

The vast majority of the affected employees will be based in the U.S., with international divisions also planning cutbacks in the coming weeks.

The long-expected cuts come two-plus months after the close of the $8.4 billion merger of Paramount and Skydance. Executives at the merged company have promised Wall Street they would deliver $2 billion in cost savings, with part of that target amount being achieved by workforce reductions.

Bloomberg reported earlier Monday on the timing and amount of this week’s reductions. Deadline earlier had been the first to report that the layoffs had been shifted up to this week from an initial November target.

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Read more: https://deadline.com/2025/10/paramount-layoffs-roughly-1000-workers-skydance-deal-1236599150/

[twodogsbarking]

1. Are we great yet?

He says yes.

[mdbl]

2. I am sorry they are losing their jobs

But I couldn't care less about their employer.