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Paramount Skydance to eliminate 2,000 US jobs – report

Media | The Guardian · Reuters · last updated

Layoffs follow $8.4bn merger between Skydance Media and Paramount Global in August

Paramount Skydance will begin mass layoffs the week of 27 October, eliminating about 2,000 US jobs as part of a $2bn cost-cutting plan under new chief executive David Ellison, Variety reported on Saturday.

The layoffs follow the $8.4bn merger between Skydance Media and Paramount Global, which closed in August.

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