---
title: "According to reports, Paramount Skydance plans to lay off 1,000 employees"
description: "Foreign media cited sources indicating that Paramount Skydance will begin large-scale layoffs on Wednesday, affecting 1,000 employees. The company was formed by the merger of Paramount Global and Skyd"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262959018.md"
published_at: "2025-10-27T20:05:51.000Z"
---

# According to reports, Paramount Skydance plans to lay off 1,000 employees

> Foreign media cited sources indicating that Paramount Skydance will begin large-scale layoffs on Wednesday, affecting 1,000 employees. The company was formed by the merger of Paramount Global and Skydance Media in August of this year, and the new management has clearly stated its intention to quickly cut costs and restructure the business

According to foreign media reports, Paramount Skydance (PSKY.US) will begin large-scale layoffs on Wednesday, involving 1,000 employees.

The company was formed by the merger of Paramount Global and Skydance Media in August of this year, and the new management has clearly stated its intention to quickly cut costs and restructure the business

### Related Stocks

- [PSKY.US - Paramount Skydance Corporation - CL B](https://longbridge.com/en/quote/PSKY.US.md)

## Related News & Research

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|-------|-------------|-----|
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| Warner Bros weighs reopening sale talks with Paramount, Bloomberg News reports | Feb 15 (Reuters) - Warner Bros Discoveryis considering reopening sale talks with rival Hollywood studio Paramount Skydan | [Link](https://longbridge.com/en/news/276011862.md) |
| Paramount Sends ByteDance Cease-and-Desist Letter Over Seedance AI Videos, Alleging Intellectual Property Infringement | Paramount Skydance has sent a cease-and-desist letter to ByteDance, accusing the company of blatant intellectual propert | [Link](https://longbridge.com/en/news/275995285.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.