Paramount begins steep layoffs as David Ellison reshapes the media giant
General Idaho
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October 29, 2025
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By Brian Stelter, CNN (CNN) — The new Paramount is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer. Many divisions of Paramount Skydance will be impacted, from the iconic movie studio to CBS
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