Categories: Business News

Paramount Skydance to cut 2,000 US jobs starting week of October 27, Variety reports

(Reuters) -Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO…

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Published by NewsX Syndication
Published: October 18, 2025 23:09:18 IST

(Reuters) -Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on Saturday, citing company sources. (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Jan Harvey)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by NewsX Syndication
Published: October 18, 2025 23:09:18 IST

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