Ramsey Naito is the latest executive at Paramount to depart the studio as CEO David Ellison continues his leadership shakeup.

The firings mark the first major restructuring since Skydance Media completed its $8.4 billion merger with Paramount Global in August.

Paramount Skydance reportedly doesn't intend to pick apart Warner Bros. Discovery if they're able to acquire their competitor.

Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions. Paramount’s linear broadcast and cable networks were hit hard,

Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, a Skydance Corporation, in August.

"This restructuring marks a pivotal step in shaping the path forward," co-chairs Dana Goldberg and Josh Greenstein say.

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.

There are more big changes coming for CBS News, but for the first time in a while, they can’t be traced to new editor-in-chief Bari Weiss. Paramount underwent a round of layoffs today, eliminating 1,000 jobs across the company.