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A number of television executives have been affected by the major round of layoffs at Paramount, the first since the company was established by the $8.4 billion merger of Paramount Global and Skydance in August.
"We are phasing out roles that are no longer aligned with our evolving priorities and the new structure designed to strengthen our focus on growth."
The widely anticipated layoffs come just months after the Trump administration greenlit the creation of the company following Skydance’s bid for the storied entertainment group.
Paramount Global announced a new wave of layoffs that struck senior staff at its flagship TV brands. The company says the cuts are part of a larger effort to tr
Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions. Paramount’s linear broadcast and cable networks were hit hard,