1,000 Layoffs Reported at Paramount
Paramount Skydance reportedly is set to announce Wednesday that it will cut about 1,000 employees, less than three months after its merger with Skydance Media closed (see 2508070027). The combined company is also reportedly trying to buy Warner Bros. Discovery…
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(see 2509110067). The cuts will affect mostly U.S. employees, and additional layoffs are planned later, reports said.