Paramount Skydance is laying off about 1,000 employees. Chairman and CEO David Ellison sent employees a memo about the ...

"We are addressing redundancies that have emerged across the organization" and "phasing out roles that are no longer aligned ...

Paramount Skydance is laying off about 1,000 employees this week, a source familiar says. CEO David Ellison wants to deliver ...

David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How ...

With the president’s blessing, the Ellisons’ Skydance merged with Paramount, gaining control of CBS News. Now the new giant ...

Barry Diller, the entertainment mogul who led Paramount for a decade in its heyday, said in an email, “Most people, coming ...

About 1,000 roles are expected to be impacted this week, ahead of the new owner's first earnings call as Paramount CEO in ...

The widely anticipated layoffs come just months after the Trump administration greenlit the creation of the company following ...

David Ellison, whose Skydance bought the media conglomerate this summer for $8 billion, announces move “addressing redundancies.” ...

The new Paramount is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison ...

Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this ...

In the memo, CEO David Ellison said the company is "phasing out roles that no longer align with the company's evolving ...