Paramount Skydance to Lay Off About 1,000 Employees This Week, With Additional Cuts Expected Later

VarietyMonday, October 27, 2025 at 8:24:46 PM
Paramount Skydance to Lay Off About 1,000 Employees This Week, With Additional Cuts Expected Later
This week, Paramount Skydance is set to lay off around 1,000 employees, primarily in the U.S., as part of a restructuring effort following its recent merger. This significant job cut highlights the challenges faced by the entertainment industry in adapting to changing market conditions. With more layoffs anticipated in the future, this news raises concerns about job security and the overall health of the sector.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Tokyo Programming Chief Ichiyama Shozo on Digital Evolution, Diversity and Discovery
PositiveEntertainment
Ichiyama Shozo, the programming director of the Tokyo International Film Festival, has been a pivotal figure in the film industry since the 1990s. He has successfully navigated the transition from traditional 35mm film to digital formats while staying true to his core belief that the essence of cinematic expression remains unchanged. His insights highlight the importance of adapting to technological advancements without losing the artistic integrity of filmmaking, making his perspective particularly relevant in today's rapidly evolving digital landscape.
Paramount To Cut Roughly 1,000 Workers In U.S. On Wednesday, With Another Thousand Soon To Follow
NegativeEntertainment
Paramount is set to lay off around 1,000 workers in the U.S. on Wednesday, with another thousand cuts expected soon. This decision reflects the ongoing challenges in the entertainment industry, impacting many employees and their families. As the company navigates these tough times, the layoffs highlight the broader trend of workforce reductions in various sectors, raising concerns about job security and economic stability.
LISTEN: Box Office: Why ‘Chainsaw Man’ Cleared a Path at the Turnstyles; Lucca Comics & Games Brings Cosplay to Medieval Italian Town
PositiveEntertainment
In this episode, Variety's Rebecca Rubin discusses how 'Chainsaw Man' has taken the lead at the box office, surpassing 'Deliver Me From Nowhere'. This is significant as it highlights the growing popularity of anime adaptations in mainstream cinema. Additionally, Nick Vivarelli shares insights from Lucca, Italy, where a fan event is making waves, even outshining San Diego Comic-Con. This showcases the vibrant culture of cosplay and fan engagement in Europe, making it a noteworthy moment for the entertainment industry.
14th Annual Hamilton Behind the Camera Awards Honorees Announced in Partnership With Variety
PositiveEntertainment
The 14th Annual Hamilton Behind the Camera Awards, in partnership with Variety, has announced its honorees and presenters for this year's ceremony, set to take place on November 5 in Los Angeles. This event celebrates the unsung heroes of filmmaking, recognizing the vital contributions of behind-the-scenes artisans who help bring cinematic stories to life. It's a significant occasion that highlights the importance of these talented individuals in the film industry.
FIFA opens 2nd phase of World Cup ticket sales with slots for US, Canada, Mexico
PositiveEntertainment
FIFA has kicked off the second phase of ticket sales for the upcoming World Cup, offering an additional million tickets for fans in the US, Canada, and Mexico. This is exciting news for soccer enthusiasts as it provides more opportunities to witness the world's biggest sporting event live. With the tournament just around the corner, securing tickets is crucial for fans eager to experience the thrill of the matches.
Jon Stewart Says He’s ‘Working on Staying’ at ‘The Daily Show’ Amid Paramount-Skydance Merger: ‘You Don’t Compromise on What You Do, and You Do It Until They Tell You to Leave’
PositiveEntertainment
Jon Stewart recently shared his thoughts on his future with 'The Daily Show' during the New Yorker Festival, expressing his commitment to stay with the show despite the recent merger of Paramount and Skydance. With his contract set to expire in December, Stewart emphasized the importance of not compromising on his work, highlighting his dedication to the program. This matters because Stewart's presence has been a significant part of the show's identity, and his decision to remain could influence its direction and audience engagement.
Jon Stewart On Plans To Continue As ‘The Daily Show’ Host: “We’re Working On Staying”
PositiveEntertainment
Jon Stewart is expressing optimism about continuing his role as the host of 'The Daily Show' despite changes at Paramount Skydance. In a recent conversation with David Remnick at a festival, Stewart shared his commitment to the show, highlighting its importance in political commentary and comedy. This matters because Stewart's presence has been a significant influence on the show's success and its ability to engage audiences on critical issues.
Latest from Entertainment
Backers Of New Arthouse Cinema Rising On NYC’s Upper West Side Unveil Name, Timeline
PositiveEntertainment
Exciting news for film lovers in New York City! The Uptown Film Center is set to rise on the Upper West Side, bringing a new arthouse cinema to the area. With a $29 million capital campaign underway, the project aims to break ground by early 2027 at the site of the former Metro theater. This development not only revitalizes a historic location but also promises to enhance the cultural landscape of Manhattan, providing a space for independent films and community events.
Mike Fleming Jr: How The Battle For ‘Yellowstone’s Taylor Sheridan Was Won, And Lost
PositiveEntertainment
The recent news about Taylor Sheridan, co-creator of 'Yellowstone', making a groundbreaking deal with NBCUniversal is a significant development in the entertainment industry. Starting in 2029, this five-year contract, reportedly worth $1 billion, highlights the increasing value of creative talent in Hollywood. This move not only underscores Sheridan's influence but also sets a new benchmark for compensation in the industry, potentially reshaping how creators are valued and compensated in the future.
Soccer-Themed Indonesian Animated Feature ‘Garuda: Dare to Dream’ Bows at Tokyo Gap-Financing Market
PositiveEntertainment
Indonesian producer Shanty Harmayn is set to debut the animated feature 'Garuda: Dare to Dream' at the Tokyo Gap-Financing Market, marking an exciting new venture into animation for the company. The film tells the inspiring story of Putra, a 13-year-old boy with asthma who dreams of joining Indonesia's national soccer team. This project not only showcases Indonesia's growing animation industry but also highlights the importance of pursuing dreams despite challenges, making it a significant cultural contribution.
Sarah Ferguson's downfall: 'Her hopeless grasp of money'
NegativeEntertainment
Sarah Ferguson's financial troubles and her controversial ties to Jeffrey Epstein have raised serious concerns about her future. This situation is significant as it highlights the ongoing scrutiny of public figures and their financial decisions, especially in light of past scandals. Ferguson's struggles with money management could impact her reputation and public image, making it a topic of interest for many.
‘A House of Dynamite’ Sparks Internal Pentagon Memo Disputing Accuracy of Netflix’s Nuclear Doomsday Thriller
NegativeEntertainment
The Netflix film 'A House of Dynamite' has come under fire for its portrayal of the U.S. government's ability to handle a nuclear attack, as highlighted by an internal Pentagon memo obtained by Bloomberg. The memo claims the film presents a misleading narrative compared to actual testing results. This matters because it raises concerns about the accuracy of media representations of critical national security issues, potentially influencing public perception and policy discussions.
Charles warns Sandringham is potentially deadly for dogs
NegativeEntertainment
King Charles' team has issued a warning regarding the parks at Sandringham, highlighting the potential dangers they pose to dogs, particularly those at risk of Seasonal Canine Illness. This is significant as it raises awareness about the health risks pets may face in certain environments, urging dog owners to be vigilant and informed.