Layoffs

Behind the Blockbusters: Paramount Skydance to Cut 1,000 Jobs After Merger

Paramount Skydance will cut about 1,000 jobs on Wednesday, a source close to the matter told AFP Monday, less than three months after the merger of the two media giants. The company did not immediately respond to a request to confirm the layoffs. Skydance completed its $8 billion acquisition of Paramount in August, and executives warned at the ...

Over 1,300 State Department Employees Laid Off in Trump Government Downsizing

The US State Department began laying off more than 1,300 employees on Friday as part of President Donald Trump's campaign to massively downsize the federal government workforce. A State Department official said 1,107 members of the civil service and 246 Foreign Service employees were being informed that they were being fired. The layoffs at ...