# Skydance layoffs hinted

> Warner Bros.-Paramount merger leads to Skydance layoffs.
- Title: Skydance layoffs hinted · AV Club | Shortify
- Summary: Warner Bros.-Paramount merger leads to Skydance layoffs. Skydance, the new Warner Bros.-Paramount merger company, announced massive layoffs after final…
- Keywords: skydance, warner bros, paramount, david ellison, layoffs, merger, entertainment, culture, hinted, AV Club
- Source: AV Club — https://avclub.com/skydance-merger-settlement-warner-bros-paramount
- Read time: 1 min
- Topics: skydance, warner bros, paramount, david ellison, layoffs, merger, entertainment, culture
## Merger approved
Warner Bros.-Paramount merger final approval came Tuesday after industry protests and legal challenges.
## David Ellison leads Skydance
David Ellison, who with billionaire father Larry, faced criticism for strong-arm tactics, leads Skydance.
## Layoffs announced
Skydance CEO David Ellison and co-CEO Ynon Kreiz confirmed massive layoffs after merger completion.
## Debt and layoffs
Skydance carries $80 billion debt, expected to cause massive layoffs despite limited concessions.
## Limited concessions
The merger settlement included a five-year pause in layoffs at CBS and $1.5 billion in domestic film production.
## Critics proven right
Critics who warned of media consolidation and job losses were immediately proven correct.
## Key takeaway

Skydance, the new Warner Bros.-Paramount merger company, announced massive layoffs after final approval of the merger.