Aug 22, 08:27 PM

Paramount Plans 2,000-3,000 Job Cuts by Early November After Skydance Merger, Animation Division Excluded

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.

#Paramount Pictures #Skydance #Paramount #John Lasseter

Written with ChatGPT (GPT-4).

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Gary@garyHeff
9 months ago
How many jobs at legacy Skydance are at risk, given they're predominately animation jobs (most at risk due to AI)? That plus the animation division wasn't merged into New Paramount. And animation whiz Lasseter wasn't a named exec in the $PSKY press blitz. https://t.co/WUTtjlfKl2 https://t.co/pj7j4mc2cz
MacroEdge@MacroEdgeRes
9 months ago
Paramount Bracing for Thousands of Job Cuts by Early November #MacroEdge
Mediagazer@mediagazer
9 months ago
Sources: Paramount layoffs could affect 2,000 to 3,000 employees and are expected by early November; Paramount had 18,600 employees globally as of December 2024 (@brentalang / Variety) https://t.co/awHyuKqPpL https://t.co/yyp1fApfHs

Paramount Plans 2,000-3,000 Job Cuts by Early November After Skydance Merger, Animation Division Excluded

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