Paramount has begun significant layoffs this morning, with about 1,000 U.S.-based workers being let go today, and roughly another 1,000 soon to follow.
Ellison, for his part, reiterated that he plans to invest in the company, plans supported by the monster $7.7. billion deal ...
Paramount Skydance is laying off about 1,000 employees. Chairman and CEO David Ellison sent employees a memo about the ...