Thread regarding Paramount Global layoffs

My HR take.

Firstly, I'm a manager in HR, so I'm not always completely in the loop. I wish I was!!!

That said, I still don't think mass layoffs are happening until well after Thanksgiving.

We still don't know the overall structure from the main man himself, JB. And even when that's announced, the people reporting to him will need time to build their own teams and decide who they want.

The earnings call is in about 10 days or so. I can't see them announcing mass layoffs then, although they'll probably say they've got a clearer idea of the direction they're heading in.

I also wonder whether GC is heading for the exit. Co-Chair of TV?!? CBS was supposedly such a priority not that long ago, and now GC is "Co-Chair of TV"?!? I'm not particularly worried about him, though. He and CM made an absolute fortune from their Co-CEO roles before the Skydance take over.

I also think this round of layoffs will be US-only. WBD has so many employees across different countries, and dealing with international redundancies would be a massive undertaking for HR at this stage and take too long to realize the savings.

And given that WBD people seem to be leading pretty much everything, those of us on the Paramount side are probably f**d!

You can all come for me, but I genuinely don't think we'll see any concrete announcements about mass layoffs until early December at the earliest.

Anyway, don't shoot the messenger! I'm just sharing my thoughts based on what I'm seeing. I could be completely wrong!


by
| 278 views | | 13 replies (last 14 days ago) | Reply
Post ID: @OP+1m5wqcw2b

13 replies (most recent on top)

@kf They don’t think this. If you have spent any amount of time on this board, you know that the faux DE praise is right up there with the Caribbean worker jokes.

by
| | Reply
Post ID: @n1+1m5wqcw2b

@k9 The fact that you think DE gives a sh*t about us regular folks and the holidays is comical.

by
| | Reply
Post ID: @kf+1m5wqcw2b

@j8 I don't believe DE would lay people off in December, so close to the holidays, especially in this economy.

by
| | Reply
Post ID: @k9+1m5wqcw2b

@a2 This is exactly how it went down last year. Most likely scenario, layoffs both in December and in 1Q 2027

by
| | Reply
Post ID: @j8+1m5wqcw2b

February

by
| | Reply
Post ID: @aj+1m5wqcw2b

@OP

Sure, Karen.

So how long do you figure it'll be before AI takes over your job?

by
| | Reply
Post ID: @ag+1m5wqcw2b

i agree with the HR take minus one item i've been in a lot of meetings and GC is still spoke of as who eveyone is reporting to
in TV
if you look at the exec website all mentioned are co chair and chief like GC
minus D /even YK has the title co
my two cents on that .. i'm in cable
the best i heard for layoffs is by end year .. and large numbers from RTO aren't expected - they didn't happen with P and WBD is already in the office three days a week .. my pal in HR who was eventually laid off said names came in six / eight week in advance so i'm not sure how that would work if HR hasn't started to be aware of this.. unless entire teams and divisions don't require the same HR review as the last couple years ..

by
| | Reply
Post ID: @ab+1m5wqcw2b

@a9 That's not my area. If you have an issue, report them. Seriously, do it.

by
| | Reply
Post ID: @aa+1m5wqcw2b

As an HR manager can you explain why the 5 days mandate isn’t being carefully observed? People have not been in 5 days and if they come in it’s for two hours a day. Leadership scared people into taking the BO last year with this mandate but not again.

by
| | Reply
Post ID: @a9+1m5wqcw2b

@a4 what you talking about honey>=?

by
| | Reply
Post ID: @a6+1m5wqcw2b

Serious with this post??

by
| | Reply
Post ID: @a4+1m5wqcw2b

@a2 I think you are conflating the RTO and VBO offers. Phase one and two for Paramount was RTO. That will mainly apply to WBD in this case. Looks like VBO is going to all employees that were hired before 2/27/26 when the merger was announced. I’m a Paramount employee and just got the VBO email.

by
| | Reply
Post ID: @a3+1m5wqcw2b

People taking VBO last date mentioned as Dec 4 . So probably if there is a layoffs it will be Dec1 so the last working day same for set of ppl.
Also this VBO program seems for WBD as Paramount already went through this phase 1 and 2 recently

by
| | Reply
Post ID: @a2+1m5wqcw2b

Post a reply

: