Paramount to Lay Off 2,000 Employees Following $8 Billion Skydance Merger
Paramount has begun layoffs affecting about 2,000 employees, or roughly 10% of its workforce, just months after completing its $8 billion merger with Skydance.
Shirley Li, Staff Writer at The Atlantic, breaks down Paramount and WBD’s $111 billion merger and what it means for Hollywood, streaming and consumers.