The company announced it would be cutting 15 percent of its global workforce ahead of merger with Skydance.
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In a monumental shift in the entertainment industry, Paramount Global (NASDAQ: PARA) has announced its merger with Skydance Media, valued The post Paramount-Skydance $4.75 Billion Deal: The Controversial Terms appeared first on the deep dive.
The company announced it would be cutting 15 percent of its global workforce ahead of merger with Skydance.
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With Paramount Global moving toward its proposed merger with Skydance, management used Thursday’s 2Q24 earnings call to announce a 15% reduction in...