Updated April 8, 2026 · Based on public filings, SEC disclosures, and verified reports

● LAYOFF ALERT — Q1 2026PARA

Paramount cut 3,000 — the survival guide for every impacted employee

3,000

Jobs Cut

4wk

Min. Severance

$95,000

Avg. Salary

Paramount's 2026 layoffs followed the merger with Skydance Media and the dramatic decline of linear TV. MTV, Nickelodeon, and BET saw significant content team cuts. Paramount+ failed to reach subscriber targets forcing streaming cost cuts. The new Skydance leadership is rebuilding around a leaner content model.

If You Were Just Laid Off From Paramount Global

Here's exactly what to do in the next 72 hours — before you lose money you're owed.

Most people make the same 3 mistakes in the first 48 hours after a layoff. They cost thousands of dollars. This guide tells you exactly what to do — and what not to do — in order.

Which Paramount Global departments were cut?

Paramount+MTVNickelodeonBETNewsFilm

Your 30-Day Survival Timeline

The exact order of operations after a Paramount Global layoff

Day 1Do NOT sign anything

→You have at least 21 days to review severance (45 days if you're over 40).
→Download all your work samples, contacts, and performance reviews immediately.
→Screenshot your offer letter, equity grant docs, and benefits confirmation.
→Do not post on social media yet — one wrong word can affect unemployment eligibility.
→Call a trusted colleague privately to confirm your network is intact.

Day 3File for unemployment

→File for unemployment benefits in your state — don't wait, it delays your payments.
→Paramount Global severance may delay eligibility in some states — check your state's rules.
→Contact your state workforce agency for job placement services (they're free).
→If you had health insurance through work, start COBRA research now — you have 60 days.
→Calculate your runway: monthly expenses ÷ savings = months until crisis.

Day 7Activate your network

→Update LinkedIn to "Open to Work" — set it visible to recruiters only if preferred.
→Send direct messages to 10 people in your network before applying to a single job board.
→Join the ex-Paramount Global alumni groups on LinkedIn and Slack immediately.
→Ask 3 people who can give strong references — confirm before listing them.
→Start researching the companies in your pivot paths — target 5 specific companies.

Day 30Interview-ready

→Have your resume updated, tailored for your top 3 target roles.
→Complete at least one relevant online certification to signal momentum.
→Have done at least 10 real conversations (coffee chats, recruiter calls, alumni reach-outs).
→Have 3-5 active applications with real human contact — not just form submissions.
→Negotiate your severance before the deadline — most people never ask and leave money behind.

Paramount Global Severance — What You're Owed

Don't sign until you've read this

Paramount offers 4 weeks minimum. Union members receive guild-minimum protections. The merger context means some employees have change-of-control provisions in their contracts — review yours carefully.

READ: Full Severance Negotiation Guide →Calculate My Runway →