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Paramount set to begin laying off 1,000 workers in first round of cuts
Paramount Paramount (US:PARA) Yahoo Financeยท2025-10-29 10:00

Paramount Pictures was expected to lay off 1,000 workers this week. (Brian van der Brug / Los Angeles Times) Paramount on Wednesday was expected to cut 1,000 employees, the first wave of a deep staff reduction planned since David Ellison took the helm of the entertainment company in August. People familiar with the matter but not authorized to comment said the layoffs will be felt throughout the company, including at CBS, CBS News, Comedy Central and other cable channels as well as the historic Melrose A ...