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REPORTED · NEWSPublished Dec 28, 2025

Paramount Global Expands Layoffs to 1,600 Amid Cost-Saving Measures

EMPLOYEES AFFECTED
1,600
SHARE OF WORKFORCE
~7.3%
EFFECTIVE DATE
Nov 10, 2025
1,600 OF 21,900 EMPLOYEES

What we know

Based on news reporting.

Summary

Paramount Global has expanded its layoffs to 1,600 employees as part of a strategic initiative led by CEO Bob Bakish to achieve $3 billion in savings. This decision comes amid ongoing challenges in the media industry, prompting the company to restructure its operations. The layoffs reflect the company's efforts to streamline costs and adapt to changing market conditions. While specific locations and departments affected by the layoffs were not detailed, the scale of the job cuts indicates a significant impact on the workforce. This move is part of a broader trend in the industry as companies seek to enhance efficiency and profitability.

Paramount Global cut 1,600 jobs as of November 10, 2025.

That is roughly 7.3% of the 21,900 people Paramount Global employs.

LayoffTalk has tracked 46 layoff events at Paramount Global since October 2023, affecting a combined 11,649 employees.

Comments (3)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Paramount Global cut 1,600 jobs on June 1, 2026. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

LTLayoffTalk StaffStaff21 hours ago

Paramount Global cut 1,600 jobs on October 1, 2023. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

LTLayoffTalk StaffStaff21 hours ago

Paramount Global cut 1,600 jobs on November 10, 2025. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

SOURCE
News reporting
View original source ↗
P
Paramount GlobalPARA
Communication Services · 21,900 employees
46
EVENTS TRACKED
53K
AFFECTED SINCE 2023
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CREATED DEC 28, 2025LAST UPDATED DEC 28, 2025