https://www.live-feeds.com/feed/paramount-wbd-deal-architect-gerry-cardinale-says-most-of-6b-in-expected-cost-savings-will-not-be-layoffsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/paramount-wbd-deal-architect-gerry-cardinale-says-most-of-6b-in-expected-cost-savings-will-not-be-layoffshttps://www.live-feeds.com/feed/paramount-wbd-deal-architect-gerry-cardinale-says-most-of-6b-in-expected-cost-savings-will-not-be-layoffs#u98898Sun, 04 Oct 2026 13:31:19 +0000Gerry Cardinale, a key architect and board member for Paramount, insists that the vast majority of six billion dollars in expected cost savings from the upcoming Warner Bros. Discovery merger will not come from layoffs. Instead, non-labor expenses such as technology, real estate, and marketing spend will generate the projected savings. The reassurance follows a judge approving a settlement with state attorneys general, allowing the one hundred ten billion dollar takeover to close next week. While Hollywood braced for widespread job cuts, Cardinale maintains that the transaction focuses on grow