🔗 Share this article Paramount Skydance Plans to Remove Around 2,000 US Jobs – Report Skydance Paramount plans to start significant workforce reductions during the week starting 27 October, removing nearly 2,000 positions in the United States under a cost-cutting plan valued at $2bn overseen by CEO David Ellison. These job cuts are a result of the union of Skydance Media and Paramount Global, finalized this past August with a value of $8.4bn. More international job cuts are likely, as the firm aiming to disclose full details via its third quarter earnings report set for the 10th of November. Prior news stated the company was looking to eliminate from 2,000 and 3,000 jobs by early November. Until December 2024, the organization had about 18,600 full- and part-time employees and 3,500 project-based staff. The company has not yet commented on the matter.