The decision by the Warner Bros. Discovery board to accept Paramount Skydance’s acquisition offer over Netflix’s has sparked a mix of emotions among employees. While some shareholders may be pleased with the financial aspects of the deal, concerns about job losses, leadership changes, culture clashes, and debt have left many feeling uncertain about their futures.

Employees are wary of potential massive job cuts and the impact on the company’s culture and creativity, especially with the merging of leadership teams from different backgrounds. Additionally, questions loom about the future of divisions like CNN and TNT Sports under new ownership. The $64 billion debt coming as part of the deal adds to the apprehension felt by employees, who are comparing the situation to the stability and market capitalization of a giant like Netflix.