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David Ellison's Paramount is planning to lay off 1,000 workers on Wednesday
Business Insiderยท2025-10-27 20:58

Paramount Skydance is about to implement its long-anticipated layoffs. David Ellison's company is set to eliminate about 1,000 positions on Wednesday, a person familiar with the plans confirmed to Business Insider. Bloomberg was first to report the timing and size of the planned cuts.Paramount may be planning to shed more jobs later on, as Variety reported in August that the company's new leadership could let go of 2,000 to 3,000 employees in total. Ellison promised investors he could deliver $2 billion i ...