Paramount+, CBS Staff & More Affected By Mass Layoffs Ahead of Skydance Merger

Earlier this year, it was reported that Paramount Global planned to reduce its workforce by 15% with approximately 2,000 employees being laid off. The plan is for the company to save $500 million annually, and with Skydance Media purchasing a majority control in Paramount Global, the second phase of layoffs began on Tuesday. The Paramount+ … Continue reading Paramount+, CBS Staff & More Affected By Mass Layoffs Ahead of Skydance Merger