Skydance’s Ynon Kreiz on reinventing the business model and reducing the workforce

And when we talk about synergies, it's important also to say this is not about cost reduction. This is about re-engineering how we work. This is about reinventing the business model. So it's not just synergies and reducing cost. It's also improving how we perform. And we're looking to build a high performing company, leveraging technology, leveraging capabilities, and build something that will stand out for years to come. And this is a long-term plan. This is not about a few days of share trading or you know or or even managing synergies for three years. We're building a company for future generations and we have an opportunity to stand out in a crowded market. >> But reducing the workforce is a part of that. >> Yes. And we said that we were public about it. But when it comes to to making those decisions, of course, we're thinking of our people. We're going to do it in the right way, respectfully, transparently, and communicate our plans. This will be part of the plan. This is part of the plan. It will be part of the process.