In 2022 Los Angeles County had 145,000 workers in the motion picture industry, according to the Bureau of Labor Statistics. In 2024, the most recent year for which data is available, it was 104,000. One reason is decades of consolidation—deals like this one, most of them involving layoffs. When Paramount merged with Skydance last year, it laid off about 15% of its workforce, about 2,600 employees.
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Even after building the trillion-dollar tech giant, Apple’s Steve Jobs never pretended to have all the answers. He stayed, as his former design chief put it, genuinely open to learning from other people right up to the end.