The board at Paramount Global is shaking things up at the Hollywood film studio and has effectively ousted its current CEO Bob Bakish.
Bakish is widely expected to resign from the company this coming Monday—though this is not a certainty.
The news comes amid financial troubles for the film giant resulting in mass layoffs from some of its constituent networks.
Paramount is currently in talks to merge with Skydance, and Bakish has reportedly been informed that it is unlikely that he will retain his CEO position post-merger.
Here’s the latest on the future of the American film giant Paramount Global:
“I do believe he’ll still have a job on Monday, but I don’t know how much longer he will be in his position,” says
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