Paramount to cut 2,000 jobs months after Skydance merger

NEW YORK CITY, New York: Paramount Global has already started a significant round of layoffs affecting about 2,000 employees, just months after finalizing its US$8 billion merger with Skydance, in a sweeping restructuring effort under new CEO David Ellison.

Roughly 1,000 employees were laid off on October 29, and the remaining cuts are expected to follow in the coming weeks, a