🔗 Share this article Skydance Paramount Will Cut Around 2,000 United States Roles – News Skydance Paramount plans to initiate mass layoffs beginning on 27 October, removing about 2,000 American roles within a budget-saving initiative valued at $2bn overseen by CEO David Ellison. These job cuts follow the combination of Skydance Media and Paramount Global, which closed during August valued at $8.4bn. Additional overseas workforce reductions are expected, as the firm aiming to disclose all specifics via its Q3 financial results set for the 10th of November. Previous updates suggested the firm aimed to eliminate between 2,000 to 3,000 jobs before the start of November. By December 2024, the organization retained nearly 18,600 full- and part-time employees plus 3,500 project-based staff. The company has not yet commented regarding the report.