Layoffs on the Way as Skydance Now Controls Paramount and WBD

Layoff Fears Mount as $81bn Paramount-Warner Bros Merger Closes, Staff Warned of 'Difficult Decisions'

Paramount and Warner Bros. Discovery merge as Skydance targets $6bn in synergies and warns staff of difficult workforce decisions.

Skydance CEOs Acknowledge Layoffs Will Be Coming After Paramount-Warner Bros. Merger: Read the Full Memo

Paramount Skydance and Warner Bros. Discovery have officially merged into Skydance Corp. And the top leaders have notified the new company's staffers that layoffs are in the offing.

David Ellison, Ynon Kreiz Praise Staff, Lay Out Priorities For New Skydance: “Getting Here Has Been Quite A Journey”

Skydance CEOs are rallying his troops today in a memo to staff, thanking all for their patience and resilience, and outlining top priorities.

Layoffs on the Way as Skydance Now Controls Paramount and WBD

The new company has roughly $80 billion in debt.

$81 Billion Paramount Warner Bros. Merger Sparks Layoff Talk

Paramount and Warner Bros. Discovery officially became one company Tuesday, but employees did not have long to celebrate before executives acknowledged that job cuts are coming. According to Skydance’s official announcement, the Warner Bros. Discovery acquisition closed October 6, creating a newly combined entertainment company named Skydance. The deal brings Paramount Pictures, Warner Bros., CBS, HBO, CNN, Paramount+, HBO Max, TNT Sports and nu…