DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Paramount to lay off 1,000 employees, with more cuts expected
Paramount to lay off 1,000 employees, with more cuts expected

Paramount to lay off 1,000 employees, with more cuts expected

Update: 2025-10-29
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Paramount Skydance, following their merger, announces significant layoffs, affecting nearly 2000 employees across various divisions. CEO David Ellison emphasizes a 'future-focused' organization, citing overlapping roles and shifting priorities. This move reflects a broader trend in the media industry, as companies grapple with declining advertising revenues and changing viewer habits.

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Paramount to lay off 1,000 employees, with more cuts expected

Paramount to lay off 1,000 employees, with more cuts expected