With the new ownership of Paramount by Skydance comes another round of job cuts, including a dozen positions cut at Pittsburgh’s KDKA-TV and WPKD. Most of the roles eliminated were behind the scenes but the cuts also claimed the jobs of three members of the on-air talent team,

Paramount Skydance has just signed a 10-year lease for Bayonne’s 1888 Studios. Paramount is set to occupy more than 285,000 square feet of the planned 58-acre facility, which will have 1.1 million square feet of production space and 23 smart sound stages.

More than 1,000 Paramount Global employees were laid off in this round of cuts, according to reporting by NBC News, with further cuts expected at a later date. The layoffs are impacting employees at every level of the company, from Paramount-owned local CBS stations, to those working at the national level.

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 and more agile, which could make it unrecognizable.

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.

Paramount will cut about 2,000 jobs, or 10% of its workforce, as CEO Ellison restructures the company after its merger with Skydance Media.

Paramount began significant layoffs Wednesday morning, with about 1,000 U.S.-based workers being let go in the first round, and roughly another 1,000 soon to follow. The 2,000 layoffs represent about 10% of Paramount’s employee base.