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Paramount Skydance (PSKY) Stock: Rises as $2B Cost-Cutting Plan Sparks Investor Optimism

TLDRs; Paramount Skydance (PSKY) stock rose 1. 3% after unveiling a $2 billion cost-reduction strategy. The restructuring includes 2, 000 job cuts in the U. S. and additional international layoffs. Over half of the cost savings will be realized in the first year, totaling 7% of the combined cost base. Investors view the plan as a sign of [.] The post Paramount Skydance (PSKY) Stock: Rises as $2B Cost-Cutting Plan Sparks Investor Optimism appeared first on CoinCentral.