Paramount’s merger with Skydance has already brought about mass layoffs, including at CBS News, where Free Press founder Bari Weiss is leading a cultural overhaul as editor in chief. In January, Oracle became a partial owner of TikTok, giving the Ellisons even more cultural currency.
Shares in the payment company soared more than 25 percent in after-hours trading on Thursday as it announced it would shed more than 4,000 jobs from its 10,000-strong workforce.
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"New language framed as a compromise was paired with legalese that would allow those safeguards to be disregarded at will. Despite DOW's recent public statements, these narrow safeguards have been the crux of our negotiations for months," the spokesperson said. "We remain ready to continue talks and committed to operational continuity for the Department and America's warfighters."
More than a quarter of English councils will miss an official deadline to introduce weekly food waste collections to all homes, a BBC investigation has found.