Skydance announces layoffs to games division following $111bn merger
Key Points:
- Skydance has made undisclosed cuts to its games division as part of a reorganization following the $111 billion merger between Paramount and Warner Bros. Discovery.
- Approximately 30 positions are reported to be affected, including associate design director David Ballard, who confirmed his layoff after nearly 4.5 years with the company.
- Skydance emphasized that the layoffs are not a reflection of employee talent and pledged to handle the process with transparency and respect.
- The merger has led to operational shifts, with Paramount Games Studio, Skydance Interactive, and Skydance New Media combining and merging with WB Games under a single leadership.
- Skydance CEO David Ellison acknowledged that the merger would necessitate difficult decisions and changes impacting staff.