The changes come as Skydance TV and the former MTV Entertainment and Showtime groups come under the Paramount TV Studios banner, led by Matt Thunell.

Paramount Skydance 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.

Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.

A number of television executives have been affected by the major round of layoffs at Paramount, the first since the company was established by the $8.4 billion merger of Paramount Global and Skydance in August.

CEO David Ellison announces Paramount’s first 10% staff reduction post-merger, impacting hundreds across film, music, and news divisions.

In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees

The widely anticipated layoffs come just months after the Trump administration greenlit the creation of the company following Skydance’s bid for the storied entertainment group.

Paramount has launched a new round of layoffs affecting staff across CBS Entertainment, MTV, BET, and other divisions, The Wrap reports.

Layoffs are coming down at Paramount Skydance this week, with the freshly merged company looking to slash 1,000 jobs in the U.S. on Wednesday, Oct. 29

Lisa Ling is one of the CBS News personalities that have been cut from the network amid the massive layoffs at Paramount following its acquisitionn by Skydance. The former The View co-host took to social media to share the news that she was laid off although she said some of her reports will appear “in