Who are some of the high-profile executives departing Paramount?

Randy Spendlove, the President of Worldwide Music, is among the notable executives leaving the studio, along with several other senior-level leaders.

What are Paramount's goals with this restructuring?

Paramount's leadership aims to "right-size" the organization and "refocus" its efforts to align with the "endless opportunities ahead," as they seek to achieve $2 billion in overall savings.

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Paramount Slashes 1,000 Jobs in Major Restructuring Effort

Q: What is the impact of Paramount's restructuring on its workforce?

Paramount is cutting 1,000 jobs across its production, literary, marketing, and music divisions as part of a major restructuring effort.

29 Oct

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Summary

Paramount cuts 1,000 jobs across production, literary, marketing, and music divisions
President of Worldwide Music Randy Spendlove among high-profile departures
Paramount Co-Chairs acknowledge "difficult" changes, aim to "right-size" organization

Paramount Slashes 1,000 Jobs in Major Restructuring Effort

On October 29, 2025, Paramount Pictures announced a significant restructuring effort, resulting in the layoff of 1,000 employees across its production, literary, marketing, and music divisions. The move is part of the studio's plan to achieve $2 billion in overall savings under the new leadership of David Ellison.

Among the high-profile departures is Randy Spendlove, the President of Worldwide Music, who has been with Paramount since 2006. Spendlove, a Grammy winner for his work on the Miramax Best Picture winner "Chicago," also co-supervised the music and co-produced the soundtrack album for "Dreamgirls." Other executives leaving the studio include Bryan Oh, SVP of Production; Geoff Stier, EVP of Production; Andres Alvarez, EVP of Home Entertainment; Rachel Cadden, EVP of International Theatrical Marketing; Christine Benitez, SVP Multicultural Marketing; and Phil Cohen, SVP of Literary Affairs.