🔗 Share this article Skydance Paramount Will Eliminate Approximately 2,000 United States Roles – News Paramount Skydance is scheduled to start significant workforce reductions beginning on 27 October, eliminating about 2,000 American roles under a cost-cutting plan totaling $2bn overseen by top executive David Ellison. These job cuts come after the union between Skydance Media and Paramount Global, completed this past August with a value of $8.4bn. Further international job cuts are expected, with the company intending to reveal complete information during its third quarter earnings report on 10 November. Prior news suggested that Paramount aimed to eliminate between 2,000 to 3,000 jobs by the beginning of next month. As of December 2024, Paramount had almost 18,600 permanent and temporary staff plus 3,500 temporary project employees. The organization did not immediately respond to a request for comment.