Following a settlement with state attorneys general, insiders at Paramount and Warner Bros. Discovery are anticipating significant layoffs. The merger has received approval, leading to widespread shock and a sense of impending workforce reductions. While some executives have received assurances about their positions, the overall mood is one of anxiety regarding job security. The speed of the merger's closing has intensified concerns about the timing of these cuts. Many expect multiple rounds of layoffs to occur before the end of the year.
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https://variety.com/2026/tv/news/paramount-warner-bros-insiders-settlement-shock-layoffs-1236872225/