Paramount, Warner Bros. Insiders Were Stunned by the Settlement With State AGs. Now They’re Girding for Inevitable Mass Layoffs

The general mood on both sides of the Warner Bros. Discovery and Paramount Skydance aisles on Monday was shock and surprise over the sudden turn of events. And now that Paramount-WB merger has the all-clear signal, staffers are gearing up for what are expected to be multiple rounds of layoffs in the next few months. […]