Categories: Business

Paramount Skydance to cut 2,000 US jobs starting week of October 27, Variety reports

(Reuters) -Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on Saturday, citing company sources. (Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Jan Harvey)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Cricket-Cancer survivor Maddinson earns Australia test call-up

Oct 2 (Reuters) - Australia have added Nic Maddinson to their test squad for the…

4 minutes ago

Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Oct 2 (Reuters) - Amazon is seeking to offload about $8 billion of advanced Nvidia…

8 minutes ago

Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports

Oct 2 (Reuters) - Amazon is seeking to offload about $8 billion of advanced Nvidia…

9 minutes ago

UPDATE 7-NHL Standings

Oct 2 (Stats Perform) - Standings from the NHL games on Thursday Atlantic Division W…

15 minutes ago

US job growth expected to slow in September; unemployment rate likely steady

By Lucia Mutikani WASHINGTON, Oct 2 (Reuters) - US job growth likely slowed in September…

19 minutes ago

UPDATE 6-NHL Standings

Oct 2 (Stats Perform) - Standings from the NHL games on Thursday Atlantic Division W…

24 minutes ago