Reported about 10 hours ago
Paramount Skydance Corp. is set to initiate significant layoffs, starting Wednesday with 1,000 job cuts as part of a wider plan that may total around 2,000. Following the merger between Paramount Global and Skydance Media, new management is prioritizing cost reduction and business restructuring to avoid recurring layoffs. This restructuring comes on the heels of notable changes at CBS, including the departure of co-anchor John Dickerson after 16 years.
Source: YAHOO