Paramount Skydance plans to lay off approximately 1000 employees, starting this Wednesday. This decision is part of a major restructuring within the company. Paramount Skydance aims to optimize its costs amid a changing market. The company's management stated that these measures are necessary to ensure long-term sustainability. "We are making a difficult but necessary decision," the statement reads. "This will allow us to focus on our key projects." Employees will be notified in the coming days. The restructuring will affect several departments, including production and marketing.
