🔗 Share this article Paramount Skydance Plans to Eliminate Around 2,000 United States Roles – Report Paramount Skydance plans to start significant workforce reductions the week of 27 October, removing approximately 2,000 US jobs within a cost-cutting plan totaling $2bn under CEO David Ellison. The workforce reduction follow the combination of Skydance Media and Paramount Global, which closed during August worth $8.4bn. More overseas workforce reductions are expected, with the company planning to disclose all specifics during its third-quarter financial update scheduled for November 10. Earlier reports suggested that Paramount planned to eliminate from 2,000 to 3,000 roles by early November. By December 2024, the organization employed nearly 18,600 permanent and temporary staff along with 3,500 project-based staff. The organization has not provided a response to a request for comment.