Paramount Pictures is preparing for substantial job cuts, potentially affecting between 2,000 and 3,000 employees by early November 2025. This move follows the company's recent merger with Skydance, which has raised concerns about the future of legacy Skydance employees, particularly those in the animation division. Paramount employed approximately 18,600 people globally as of December 2024. The animation division was reportedly not integrated into the new Paramount structure, and key animation executive John Lasseter was not mentioned in recent company announcements. The layoffs are expected to be part of a broader restructuring effort post-merger.