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# Skydance CEOs warn of layoffs, $6B in cuts after WBD deal closes
- URL: https://www.medianexis.com/skydance-ceos-warn-of-layoffs-6b-in-cuts-after-wbd-deal-closes/
- Published: 2026-10-07T18:18:12.000Z
- Updated: 2026-10-07T18:18:13.000Z
- Description: TheWrap’s Lucas Manfredi reports that Skydance co-CEOs David Ellison and Ynon Kreiz told staff at their first town hall to expect “difficult decisions” as the company targets $6 billion in cost savings over three years following the Paramount-Warner Bros. Discovery merger close.
- Author: The Signals Desk
- Tags: Streaming, Lucas Manfredi, Ankler: studio layoffs contagion newsletter roundup

**Why it matters.** Employees and local economies face layoffs, with a Los Angeles County study estimating nearly 4,500 local film and TV jobs at risk over three years.

*Signal from* [*thewrap.com*](https://thewrap.com/?ref=medianexis.com) *·* [*Lucas Manfredi*](https://www.medianexis.com/tag/by-lucas-manfredi/) *·* [*read the original*](https://www.thewrap.com/industry-news/deals-ma/skydance-ceos-tease-aggressive-content-investment-difficult-decisions-to-come-in-first-employee-town-hall/?ref=medianexis.com)*.*