🔗 Share this article Paramount Skydance Set to Remove Around 2,000 United States Roles – Update Skydance Paramount plans to start large-scale job cuts the week of 27 October, removing nearly 2,000 American roles within a expense reduction strategy valued at $2bn overseen by top executive David Ellison. The layoffs follow the union of Skydance Media and Paramount Global, finalized in August worth $8.4bn. Further overseas workforce reductions are expected, with Paramount Skydance aiming to disclose complete information in its Q3 financial results scheduled for November 10. Prior news suggested the firm aimed to reduce from 2,000 to 3,000 positions before the start of November. As of December 2024, the organization employed almost 18,600 full- and part-time employees and 3,500 temporary project employees. The company has not provided a response to a request for comment.