Paramount Layoffs Begin; CEO David Ellison Says Cuts Are Key To Building “Strong, Future-Focused Company”
Paramount began a sweeping round of layoffs Wednesday, according to a memo from CEO David Ellison, just months after the Trump administration greenlit its controversial $8 billion merger with Skydance, an entertainment group looking to shake up the entire media ecosystem.
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The story so far
2 developments- Oct 27, 2025Paramount Skydance to Lay Off 1,000 Employees This Week, With Additional Cuts Expected Later
- Oct 29, 2025Paramount reportedly laying off 2,000 employees
Who covered each development
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Quiet for 335 daysLast development · Oct 29, 2025 — Paramount reportedly laying off 2,000 employees
The bigger story
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4 viewpointsRead the memo Paramount Skydance sent to staffers after laying off 1,000 employees in its first phase of cuts
Paramount to lay off 2,000 employees shortly after its merger with Skydance
Paramount set to begin laying off 1,000 workers in first round of cuts
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4 viewpointsRight
2 viewpointsParamount Skydance to slash 1,000 jobs this week in first wave of mass layoffs
Other outlets
International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage
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6 articlesCBS News staffers to be laid off as part of massive round of cuts from Paramount
Paramount Layoffs Underway: CEO David Ellison Says Cuts Are ‘Necessary’ for Company’s Long-Term Success
Paramount Layoffs Begin: David Ellison Tells Staff Restructuring Required to Address “Evolving Priorities”
Paramount Layoffs Begin; CEO David Ellison Says Cuts Are Key To Building “Strong, Future-Focused Company”
Paramount Layoffs Impact TV Executives Across CBS, MTV, BET & Distribution
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