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113 new news items in the last 24 hours
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Skydance has acquired Paramount and will announce layoffs during the financial presentation on November 10, under the leadership of the new CEO David Ellison.

Lara Maior
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28 October 2025, 06:22
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Current Affairs
MATTHIAS BALK / AFP / Profimedia
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Skydance completed the acquisition of Paramount in August, and the company's executives announced that layoffs will be communicated during the financial results presentation on November 10. The new CEO, David Ellison, aims to accelerate the company's technological transformation and achieve synergies of at least $2 billion. The new conglomerate includes Skydance studios, known for the 'Mission: Impossible' and 'Transformers' franchises, as well as Paramount films, the Paramount+ streaming platform, and the CBS, MTV, and Nickelodeon television channels. David Ellison, like his father, Larry Ellison, the founder of Oracle, is a supporter of President Donald Trump, who approved the acquisition after a year-long wait. The company has not yet provided details about the exact number of layoffs.

Sources

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Mediafax
Paramount Skydance va concedia 1.000 de angajați, la trei luni după fuziune
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independent.co.uk
CBS parent company Paramount Skydance to cut 1,000 jobs this week in first round of layoffs: reports
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Variety
Paramount Skydance to Lay Off 1,000 Employees This Week, With Additional Cuts Expected

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