Paramount Skydance to Slash Hundreds of Jobs Following August Merger

What’s Happening?

Paramount Skydance is reportedly planning to slash approximately 2,000 jobs in the US and additional roles internationally — starting the week of Oct. 27.

Under David Ellison’s new management regime, the entertainment giant is looking to cut upwards of $2 billion in costs.

The bombshell announcement comes just months after the two companies completed their merger on Aug. 7, 2025.

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Impact on Canadian Staff

It remains unclear if any Canadian employees at Paramount Skydance are affected by the workforce reducation.

According to LinkedIn, the combined company currently has more than 120 workers in the country.

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Lost Your Job? Get Help Now

📞 Contact Samfiru Tumarkin LLP: 1-855-821-5900 or request a consultation online.

Our experienced employment lawyers in Ontario, Alberta, and British Columbia (BC) have helped tens of thousands of non-unionized individuals resolve their workplace issues, including wrongful dismissals.

If you’ve lost your job at Paramount Skydance for any reason, don’t panic. We can review your situation, assess your legal options, and help you secure the compensation you’re legally entitled to.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.