Paramount Skydance to Cut 2,000 US Jobs Starting Week of October 27

Paramount Skydance to Cut 2,000 US Jobs Starting Week of October 27

The layoffs follow a $8.4 billion merger with Skydance Media.

News: Paramount, ESPN, Meadowlark and more

The following article "News: Paramount, ESPN, Meadowlark and more" originally appeared on Sports Media Watch. Paramount is reportedly set for more layoffs; ESPN networks could be airing their last “Monday Night Football” doubleheader; and Bimal Kapadia is revealed as the new CEO for Meadowlark Media. Plus news about Michael Jordan, MLS on Apple TV, FanDuel and FIFA Women’s World Cup. Paramount layoffs reportedly starting next week Paramount Skyd…

Paramount Skydance To Begin Cutting 2,000 U.S. Jobs Next Week

Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on Saturday. The layoffs follow the $8.4 billion merger between Skydance Media and Paramount Global, which closed in August. Additional international job cuts are expected, with the company aiming to disclose full details in its third quarter earnings report …

A Big Axe to Swing at Paramount

The newly merged company, now operating as Paramount Skydance under CEO David Ellison, will eliminate approximately 2,000 U.S. jobs as part of an aggressive $2 billion cost-cutting plan, according to a Saturday report by Variety.These layoffs come two months after the finalization of the $8.4 billion merger between Skydance Media and Paramount Global in August.Additional international job cuts are anticipated.The company is expected to release t…

Paramount Skydance to start cutting thousands of jobs from next week

Network 10’s newly merged parent company Paramount Skydance is planning to make thousands of redundancies, starting from the week of October 27, as part of a global effort to cut north of A$3 billion.Variety reports that around 2,000 jobs will be lost in the US alone, with “additional layoffs internationally.” According to Paramount’s most recent […]