Skydance warns of job changes following Warner Bros Discovery acquisition

Skydance has warned employees that workforce changes and job cuts will follow its merger with Warner Bros Discovery.
Co-CEOs David Ellison and Ynon Kreiz said integrating the two companies will involve “difficult decisions” affecting employees.
The newly merged Skydance is targeting at least $6 billion in cost savings as it combines the two businesses.
The new entertainment giant now brings together Paramount, Warner Bros, HBO, CBS, CNN and other major film, TV and streaming assets.

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