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Skavau@piefed.socialM to Television@piefed.socialEnglish · 17 days ago

Skydance CEOs Acknowledge Layoffs Will Be Coming After Paramount-Warner Bros. Merger

variety.com

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Skydance CEOs Acknowledge Layoffs Will Be Coming After Paramount-Warner Bros. Merger

variety.com

Skavau@piefed.socialM to Television@piefed.socialEnglish · 17 days ago
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Skydance CEOs Say Layoffs Will Be Coming After Paramount-WB Merger: Read the Full Memo
variety.com
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Paramount Skydance and Warner Bros. Discovery have officially merged into Skydance Corp. And the top leaders have notified the new company's staffers that layoffs are in the offing.
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  • tidderuuf@lemmy.world
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    17 days ago

    Remember all those state AGs that took a payoff and promised this wouldn’t happen?

  • joekar1990@lemmy.world
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    17 days ago

    The company has not revealed at this point the extent of the job cuts it expects. According to a report issued by Los Angeles County in August, the merger could result in the loss of some 4,500 film and TV jobs over three years in L.A. alone.

    Time to see if Paramount who agreed for the merger to close is actually going to commit $47.5 million to help fund training and career development for workers displaced by the merger, over the next five years ($9.5 million each year).

    • StabbingSky@lemmy.zip
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      17 days ago

      Well, they are by paying their CET (Chief Executive Trainer) $9.5m each year to have Grok create the materials.

  • bitjunkie@lemmy.world
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    17 days ago

    Oh look, another fucking pump and dump

    • SolacefromSilence@fedia.io
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      17 days ago

      Have you considered all the transaction fees that are being paid?

  • njm1314@lemmy.world
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    17 days ago

    Sorry John Oliver. Good while it lasted.

  • NigelFrobisher@aussie.zone
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    17 days ago

    David Ellison looks like MOG implants achieved sentience and took over the host body.

  • breezeblock@lemmy.ca
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    17 days ago

    These two pictures are of exactly the same person

  • BeMoreCareful@lemmy.world
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    15 days ago

    Is there only one media company now?

  • lIlIlIlIlIlIl@lemmy.world
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    15 days ago

    Why don’t their teeth fit in their mouths?

    Is it the rampant pedophilia?

  • foofighter@lemmy.world
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    15 days ago

    values merger at $111B

    fires the employees

  • dylanmorgan@slrpnk.net
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    17 days ago

    Two shining examples of backpfeifengesicht.

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