Paramount to lay off 2,000 workers
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David Ellison's Paramount Skydance (PSKY) is slashing 2,000 jobs across the board starting Wednesday in what the chief executive of the media company calls "addressing redundancies." The layoffs, which will also impact the CBS News division,
The newsroom downsizing comes as Paramount Skydance lays off 1,000 employees throughout the newly merged company
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.
AI-fueled content identification and monetization specialist Veritone Inc. has expanded its partnership with CBS News to include many of CBS Media Venture's entertainment properties, thanks to a new deal announced Tuesday.