"This restructuring marks a pivotal step in shaping the path forward," co-chairs Dana Goldberg and Josh Greenstein say.
The news division is also closing its bureau in South Africa, as every corner felt the impact of the larger Paramount cuts.
Layoffs have been expected since the industry-changing merger put CEO David Ellison in charge of the newly formed Paramount, ...
Paramount Skydance reportedly doesn't intend to pick apart Warner Bros. Discovery if they're able to acquire their competitor ...
Paramount Skydance CEO David Ellison has been moving fast to transform the company into something he promises will be leaner ...
Paramount Skydance is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer.