Paramount to lay off 2,000 workers
Digest more
Paramount Skydance reportedly doesn't intend to pick apart Warner Bros. Discovery if they're able to acquire their competitor.
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.
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.