Paramount Skydance to Lay Off About 1,000 Employees This Week, With Additional Cuts Expected Later
NegativeEntertainment

This week, Paramount Skydance is set to lay off around 1,000 employees, primarily in the U.S., as part of a restructuring effort following its recent merger. This significant job cut highlights the challenges faced by the entertainment industry in adapting to changing market conditions. With more layoffs anticipated in the future, this news raises concerns about job security and the overall health of the sector.
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