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Paramount to lay off 2,000 workers shortly after merging with Skydance

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Paramount to lay off 2,000 workers shortly after merging with Skydance


In widely expected job cuts after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees.

Paramount initiated roughly 1,000 of those layoffs companywide on Wednesday (Paramount Skydance owns CBS News.) The rest of the cuts are expected to be made at a later date. In all, 2,000 job reductions amount to about 10% of Paramount’s total workforce.

“These decisions are never made lightly, especially given their effect on our colleagues who have made meaningful contributions to the company,” CEO David Ellison wrote Wednesday in a memo to employees.

The prospect of job cuts has hovered over Paramount employees for some time. Ellison on Wednesday reiterated that the company has been working to restructure since the completion of its merger in August, and noted that workforce cuts are “part of that process.”

It’s not uncommon for businesses to initiate layoffs following a merger. When Skydance completed its purchase of Paramount, the combined company said it would look for “opportunities to streamline its business.” Paramount is also rumored to have interest in buying Warner Bros. Discovery, the home of HBO, CNN and DC Studios, among other brands. 

Neither Paramount nor Warner has publicly confirmed talks. But Warner earlier this month signaled that it may be open to selling all or parts of its business in light of “unsolicited interest” it said it had received from multiple parties. The company has reportedly been resistant to Paramount’s initial approach. According to CNBC, which cited anonymous sources, Warner had rejected three offers from Paramount as of last week.



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Michelle Pfeiffer on deciding to join “The Madison” and why she still gets nervous in new roles

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Michelle Pfeiffer on deciding to join “The Madison” and why she still gets nervous in new roles


Michelle Pfeiffer talks with “CBS Mornings” about starring alongside Kurt Russell in “The Madison.” She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.



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What time will NASA’s 600 kg satellite crash to Earth today— 14 years after launch?

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What time will NASA’s 600 kg satellite crash to Earth today— 14 years after launch?


What time will NASA’s 600 kg satellite crash to Earth today— 14 years after launch?

NASA’s 1,300-pound satellite is going to hit Earth’s surface today, March 10, 2026, after having been orbiting the Earth for more than a decade now.

NASA has issued a statement, announcing that “Van Allen Probe A is expected to re-enter Earth’s atmosphere almost 14 years after launch.”

The spacecraft Van Allen Probe A, weighing around 1,323 pounds (600-kilograms) was launched into orbit in August 2012 along with its pair, Van Allen Probe B, to conduct scientific experiments on the radiation belts around Earth, which they’re named.

For context, the radiation belts known as the Van Allen belts were discovered by renowned physicist James Van Allen.

However, as per NASA, both missions were abandoned in 2019, and Van Allen Probe A’s time off Earth is almost over.

At what time will 600-kg NASA satellite crash on Earth?

As per the details provided by the U.S. Space Force, the satellite is predicted to re-enter Earth’s atmosphere today on Tuesday, March 10, 2026, at 7:45 pm EDT (23:45 GMT), plus or minus 24 hours.

According to NASA, there’s no imminent danger to humans amid its re-entry into Earth’s atmosphere.

The statement added, “NASA expects most of the spacecraft to burn up as it travels through the atmosphere, but some components are expected to survive reentry. The risk of harm coming to anyone on Earth is low, approximately 1 in 4,200.”

So it means a low risk of injury of about 0.02%, while considering the fact that water covers about 70% of Earth’s surface. So, any left behind debris will likely fall into the ocean, not in areas surrounded by any city or land.

The Van Allen Probes satellites were set for a two-year timeline, but the spacecraft managed to continue operating without any glitch until 2019 (Probe B) and October 2019 (Probe A).

They were the first spacecraft manufactured to study the radiation belts for many years within a region around our Earth.

It is known as an area where most spacecraft and astronaut missions minimize time in order to avoid damaging radiation.





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Chris Hemsworth’s ‘Extraction 3’ finally gets production update

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Chris Hemsworth’s ‘Extraction 3’ finally gets production update


Chris Hemsworth to return as Tyler Rake for another deadly mission in ‘Extraction 3’

Chris Hemsworth fans are left delighted as Extraction 3 has finally received a promising update after years of silence.

The action-packed film series features the 42-year-old Australian actor as Tyler Rake, a fearless black-market mercenary who is assigned the deadliest extraction missions.

After the success of the first two films, a third sequel was confirmed at Netflix’s 2023 Tudum event.

Two years of complete silence, the franchise has received an exciting update. According to the recent production listings, the principal photography for Extraction 3 is set to begin in June 2026.

The film is expected to be filmed in October. The previous two movies were shot in multiple locations including Thailand, Prague and India.

Therefore, the production of the third installment is based in Sydney, Australia that also serves as the home country for Hemsworth.

Reportedly, some of the filming will also take place in parts of Europe.

Directed by Sam Hargrave, the action-packed film features Chris alongside Sam and Golshifteh Farahani.

Work wise, the Thor actor recently featured in film Crime 101 along with Mark Ruffalo, Barry Keoghan, Monica Barbaro and Halle Berry.

He is all set to star as Thor in Avengers: Doomsday, slated to release on December 18.  





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