The company is also introducing five-day office attendance as executives target more than $6 billion in annual savings.
Browsing: David Ellison
Mattel’s departing CEO will join David Ellison to lead the combined company after the $111 billion merger closes Oct. 6.
Paramount may leave California as regulators prepare an antitrust lawsuit against its WB Discovery merger, raising investment concerns.
Roughly 600 employees exit Paramount Skydance after David Ellison mandates a full return-to-office policy following the $8 billion merger.
Major Paramount layoffs begin today with CEO David Ellison seeking to reposition the company
Warner Bros. Discovery has rejected a $20-per-share takeover bid from Paramount Skydance, calling it “too low,” as industry consolidation and streaming competition intensify.
Amid mass layoffs and cost-cutting, Paramount’s new CEO David Ellison orders employees back to office full-time, signaling the end of pandemic-era workplace flexibility.