The widely-expected layoffs at Paramount are likely to happen a bit sooner than some have anticipated.

David Ellison is set to hold his first earnings call as CEO on Nov. 10, after taking over the company back in August. That call is poised to be a big one, with Ellison and his senior leadership team expected to give their financial outlook and strategy for the company.

Now the widely-expected cuts are expected to come before that call, and as early as the week of Oct. 27, sources say. While the precise number of roles to be eliminated is not yet clear, one source pegged the expected number at around 2,000. Paramount had more than 18,600 employees at the end of 2024, though there have been additional layoffs earlier this year before the Skydance deal closed.

The widely-expected layo

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