Paramount Global Plans New Round of Layoffs Amid Earnings Decline
SOURCENews reportView the filing ↗
What we know
Location: United States.
Based on news reporting.
Summary
Paramount Global is preparing for a new round of layoffs as it faces challenges following disappointing Q2 earnings. The company is reportedly looking to streamline operations and reduce costs, although specific details regarding the number of employees affected or the timeline for these layoffs have not been disclosed. The announcement comes as the end of the Skydance 'Go-Shop' period approaches, indicating a strategic shift within the company. As the media landscape continues to evolve, Paramount Global's restructuring efforts reflect broader trends in the industry, although the exact impact on its workforce remains unclear.
Paramount Global cut 2,000 jobs as of October 27, 2025.
That is roughly 9.1% of the 21,900 people Paramount Global employs.
LayoffTalk has tracked 36 layoff events at Paramount Global since October 2023, including 1,559 jobs documented in official WARN filings, with 25 additional events known from news reporting.
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