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@dailyjobcuts
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World & Business
The Los Angeles Times, citing sources familiar with the plans, reports planned cuts after investors expressed concerns about user engagement.
World & Business
Variety says the deal would bring major film and TV franchises under one roof. Separately, a post describing layoff fears at CNN says Paramount expects at least $6 billion in cost savings.
Entertainment
Variety says Paramount pledged an additional $300 million annually for U.S. film production and an independent board intended to maintain editorial independence at CNN and CBS News.
