Paramount on building
  • Paramount's three CEOs told staff it was "business as usual" until its merger closed, Deadline said.
  • They reminded employees that layoffs loomed, following a plan unveiled in June.
  • Paramount will also explore divesting assets, its CEOs said.

Paramount's CEO trio told employees it was "business as usual" until the formal close of its megamerger with Skydance, while reminding them that layoffs loomed.

Paramount's board approved the merger on Sunday, marking the end of tumultuous talks that were nearly torpedoed in June when owner Shari Redstone walked away from the negotiations.