Paramount Skydance to lay off 2,000 US employees: Report
Paramount Skydance plans to start laying off around 2,000 employees in the US this month, Variety reported. The layoffs, which are part of a $2 billion cost-cutting plan under new CEO David Ellison, could also result in global job cuts. This comes just months after the $8.4 billion merger between Skydance Media and Paramount Global.