Paramount Skydance to slash 1,000 jobs this week…
Paramount Skydance will start firing 1,000 workers on Wednesday — the first section of sweeping layoffs that will finally eradicate about 2,000 positions as CEO David Ellison pushes to trim $2 billion in prices.
The firings mark the first major restructuring since Skydance Media accomplished its $8.4 billion merger with Paramount Global in August, creating a new Hollywood giant under Ellison’s control.
Bloomberg reported Monday that the initial cuts will hit 1,000 staffers. An individual acquainted with the plan told the news web site that the company wished to transfer rapidly to…
We present you with the trending topics. Get the best latest Gossip news and content on our web site daily.