
According to reports, Paramount Skydance plans to lay off 1,000 employees
According to foreign media reports, Paramount Skydance (PSKY.US) will begin large-scale layoffs on Wednesday, involving 1,000 employees.
The company was formed by the merger of Paramount Global and Skydance Media in August of this year, and the new management has clearly stated its intention to quickly cut costs and restructure the business
