Paramount's Post-Merger Layoffs: Stock Takes a Hit

Paramount plunges: Is this the end of the show? Fresh off an $8.4 billion merger with Skydance, Paramount plans massive layoffs of up to 3,000 employees to slash $2 billion in costs. Plummeting revenue, subscriber losses, and Wall Street doubts plague the media giant, leaving investors scrambling for the exits. Can Paramount survive this plot twist, or is it game over? Hosted on Acast. See acast.com/privacy for more information.