{"id":285614,"date":"2025-11-11T16:42:10","date_gmt":"2025-11-11T16:42:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/285614\/"},"modified":"2025-11-11T16:42:10","modified_gmt":"2025-11-11T16:42:10","slug":"paramount-plans-additional-job-cuts-under-ellisons-management","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/285614\/","title":{"rendered":"Paramount Plans Additional Job Cuts Under Ellison\u2019s Management"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/PSKY:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Paramount Skydance Corp.<\/a> shares rose after the newly merged company raised its target for job cuts and cost-saving measures.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The media and entertainment company, which has been trying to buy rival <a href=\"https:\/\/www.bloomberg.com\/quote\/WBD:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Warner Bros. Discovery Inc.<\/a>, said in a <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/T5J3SBMB2SK2\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">letterBloomberg Terminal<\/a> to shareholders it plans an additional 1,600-person workforce reduction and laid out a goal to achieve at least $3 billion in cost savings.<\/p>\n","protected":false},"excerpt":{"rendered":"Paramount Skydance Corp. shares rose after the newly merged company raised its target for job cuts and cost-saving&hellip;\n","protected":false},"author":2,"featured_media":285615,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[2254,28,11637,18205,8084,27252,134,4588,2914,2005,134178,1548],"class_list":["post-285614","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-august","tag-business","tag-chief-executive-officer","tag-david-ellison","tag-earnings","tag-industries","tag-jobs","tag-media-and-entertainment","tag-netflix-inc","tag-new-york","tag-paramount-skydance-cl-b","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/285614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=285614"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/285614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/285615"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=285614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=285614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=285614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}