Paramount to lay off 1,000 employees, with more cuts expected

The logo and lettering of Paramount Skydance Corporation can be seen at a Paramount stand at the Media Days in Munich (Bavaria, Germany).Paramount Skydance is slashing nearly 1,000 jobs beginning on Wednesday, just months after the close of its merger, according to a person close to the situation. The layoffs will eventually amount to 2,000 roles, the person said."When we launched the new Paramount in August, we made clear that building a strong, future-focused company would require significant change – inc ...