Paramount says its Warner Bros. deal can work without big layoffs.

Core Insights - Hollywood is anticipating significant job cuts at Warner Bros. Discovery following its merger with Paramount, despite Paramount's assertion that the deal can be executed with minimal layoffs [1] Group 1 - Warner Bros. Discovery is preparing for substantial workforce reductions as a result of the merger with Paramount [1] - Paramount claims it can manage the merger without extensive layoffs, indicating a potential divergence in expectations between the two companies [1]