Instagram/David Ellison Celebrity Paramount's David Ellison reassures that $6B+ merger synergies will not primarily come from layoffs, focusing on operational savings instead. March 22, 2026 AceShowbiz - David Ellison, a key executive at Paramount, addressed concerns regarding potential layoffs following the company's recent merger with Warner Bros. Discovery. During a call with Wall Street media analysts, he emphasized that the majority of the anticipated $6 billion-plus in synergies within three years will come from sources other than labor reductions.