Paramount Skydance to cut 2,000 jobs starting final week of October: report
1. Paramount Skydance to lay off 2,000 U.S. jobs starting October 27. 2. The layoffs are part of a $2 billion cost-cutting initiative. 3. These cuts follow an $8.4 billion merger with Paramount Global. 4. International layoffs are anticipated; details to emerge on November 10. 5. CEO David Ellison is leading the restructuring efforts.