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The deal closed. The memo said "difficult decisions."

UNEDITD · October 12, 2026 · Maddy Viswanath
UNEDITD Presents
TOP PERSPECTIVES
EDITION 15 · WEEK OF OCTOBER 12, 2026
MADDY VISWANATH · CRAFT YOUR CONFIDENCE
Welcome back to Top Perspectives.
One story this week. The deal this letter covered on September 21 closed last Tuesday, and the leadership memo is out.
This week
Paramount and Warner Bros. Discovery are now one company
The merger closed on Tuesday, October 6. The combined company is called Skydance, led by David Ellison with Ynon Kreiz as co-CEO. In a memo reported by Variety, Ellison and Kreiz wrote that integrating the two companies “will bring change, including difficult decisions that affect our workforce,” and that “we are committed to handling this process thoughtfully and respectfully.” Paramount has previously outlined plans to cut $6 billion in costs over three years. An August report from Los Angeles County estimated the merger could cost around 4,500 film and television jobs.
Maddy's read
Read the promise twice. “Thoughtfully and respectfully” is a promise about how people will be told. It is a fair promise, and I take it at face value. It is not a promise about how they will be decided. In my read, those are usually two different meetings, held at two different times.
The telling happens with a manager, on a date. The deciding tends to happen earlier, on paper. Two names next to one box on a draft chart, and someone with a deadline choosing the one they can explain to the person above them.
A leader I once worked with was in HR, in a different division. On the day of the announcement, she did not know she was taking over. She was on vacation, and she could not make it in the first week to see the team. So the team spent its first week without her. That kind of disassembled the whole culture and the spirit of the team. When she did come in, she had her marching orders. She brought in her own team and replaced most of the good people leading the organization. It devastated the culture. It came back, eventually. By the time it did, the people who were passionate about it were no longer there.
An integration plan can count the seats it cuts. It has no line for the people who stay for the culture and leave when it goes. In my read, that is where retention is lost. A first week with no one in the room tells a team what it is worth, and people fill the silence with their own answer. The first to leave are usually the people with options, and those tend to be the people doing the best work.
Six billion dollars over three years comes in rounds. In most integrations, the structure gets decided first, and the exits that make the headlines come later. By the time the headlines arrive, the chart behind them is often months old. If you are inside a deal, the window that matters is now, while the structure is still being finalized.
“Thoughtfully and respectfully” tells you how you will be told. Not how you will be decided.
The move this week
Ten minutes. Write the line that should sit next to your name in a document you will never see: what you own, and one result it produced. Fifteen words, no adjectives. Then put it in two places. The top of your LinkedIn profile, because the other side is likely to read it before they meet you. And a short note to whoever you report to in the new structure, asking for twenty minutes before the end of the month. Nowhere near a deal? Do the first half anyway.
Tool of the week · The LinkedIn Profile Audit
Your headline is often the first thing someone on the other side of a deal reads about you.
The free LinkedIn Profile Audit reads your page the way a talent review reads it and hands back the version of you that arrives ahead of you.
See you Thursday.
Maddy
P.S. Forward this to one leader whose company just closed a deal.
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