VARIETY: Paramount-Skydance merger collapsed in the final moments, and will lead to layoffs and austerity measures

[oktay]

As Paramount’s Merger With Skydance Creeps Toward Finish Line, Company Goes Back Under Microscope With Q4 Earnings Report

With Paramount Global's Merger With

deadline.com

 

[MarcKle1964]

Usually in an acquisition, the new owner fires all the old people and brings in their own people. I'm not saying that's what's going to happen here, but that's generally what happens.

I wish Boeing had done that when they bought McDonnell Douglas.

 

[Campe]

As someone who works in acquisitions, I wouldn’t say that, at least in my experience, a buyer usually fires all of the seller’s employees. Sometimes, yes. And sometimes there are those who don’t come across with an acquisition, but again, at least in my experience, we try to bring over anyone who wants to join.