Paramount began a sweeping round of layoffs Wednesday, according to a memo from CEO David Ellison, just months after the Trump administration greenlit its controversial $8 billion merger with Skydance, an entertainment group looking to shake up the entire media ecosystem.

The layoffs will initially impact more than 1,000 employees, according to a source familiar with the company who spoke on the condition of anonymity.

In the memo, Ellison wrote that the company is "phasing out roles that are no longer aligned with our evolving priorities and the new structure designed to strengthen our focus on growth."

More layoffs are reportedly expected to happen at a later date. In August 2025 , Variety reported that layoffs are estimated to total up to 3,000 workers (NBC News has not confirmed

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