Paramount outlines plans for Warner Bros. cuts

Paramount Pictures studio lot at 5555 Melrose Ave. on June 5, 2024, in Hollywood. Paramount Skydance detailed its plans to save $6 billion, including job cuts, should Paramount succeed in its bid to buy the larger Warner Bros. Discovery. (Brian van der Brug / Los Angeles Times) Many in Hollywood fear Warner Bros. Discovery's sale will trigger steep job losses — at a time when the industry already has been ravaged by dramatic downsizing and the flight of productions from Los Angeles. David Ellison's Paramo ...