Anyone have a firm answer on if these are happening tomorrow? And if so which levels/teams?
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@13b it’s me mon.
Every little thing is gonna be alright.
@kc who is this Caribbean remote worker?
@kc Rumor has it that you are an EVP of a Caribbean remote worker. Go back in your hole.
@kc I would like to see these amazing strategies.
@mpig
@kc prove it tool!
@kc yay beef patties for everyone
@k1 Rumor has it that the Caribbean remote team came up with cost-saving strategies that helped prevent the layoffs less than an hour before they were supposed to happen on Tuesday.
Thank you, Caribbean remote team!
@en pi-s off Caribbean Remote worker!
@dj Why is conveniently in quotation marks? Were they supposed to avoid Halloween so it didn’t ruin people’s trick-or-treating adventures? The date made total sense because it wrapped everyone up before the end of the year since they had to provide “in-lieu of” pay. I am pretty sure this year’s layoffs will be timed similarly.
You see? No layoffs! Thank you, DE!
IIRC last year 2025, they “conveniently” timed the lay offs the week of Halloween with the end date landing on Halloween day.
Those bloody Caribbean Remote Workers are starting rumors.
I heard the current board is getting sacked
We have watched multiple eras of expensive corporate consolidation completely fail to protect these legacy brands. The previous re-merger of the broadcast and studio assets a few years back was pitched as a massive power move, yet the market cap just kept bleeding. Adding a massive cable and streaming portfolio to the mix under a single corporate banner hasn't fixed the core issue—it just created a bigger house of cards.
The current public market valuation is a glaring sign that Wall Street has fundamentally lost faith in traditional television and cable bundles. When a newly combined media empire holds everything from historic broadcast networks and film lots to premium cable giants and news divisions, yet is valued at a mere fraction of what these entities were worth standalone just a few years ago, it is terrifying. Mandating aggressive, multi-billion-dollar operational reductions on such a shrunken foundation means the upcoming corporate restructurings won't just be standard trim—they are going to hollow out the creative workforce.
TRICK OR TREAT!
@a8 um, the closing has been delayed 6 months - most layoffs would have been figured out already. Regardless the delay - the layoffs of redundancy are typically figured out
The company valuation is only $45 billion . If anybody remembers - the valuation of the CBS & Viacom merger was $30 billion. I forget what the valuation of Paramount & viacomcbs merger was, but the valuations have consistently been GarBage
So we are now talking about CBS, Viacom, Paramount, WBD , HBO, CNN etc. all under one roof with a street valuation of $45 billion - pretty scary
In hindsight, I’m actually glad I was part of the 2025 round. I can’t imagine having to go through this mess and the mental stress of it every single day.
I don’t know any concrete information. All I would say, is they just closed so I don’t think they’re gonna have the big round of layoffs Tuesday, but their earnings date is November 3 and their stock is already in the sh----r, so it’ll be my bet that the layoffs would be right before the earnings call or announced during the earnings call and happen right after