I have another signal which I can't discuss. I don't have actual information to be clear. This is just speculations...
28 replies (most recent on top)
@jk someone said it below and they were right. It was savings targets for both labor and non-labor. Layoffs are not imminent.
so what was the meeting about? details?
That 5am meeting was a streaming research session that had a lot of people invited to it (guest list too long to see)
LOL if that's what they did at 5am meeting.. but that's nice it's not today .. i did think if this was some mass email
layoff we would all work from home
@d7 most of it....,
It has nothing to do with imminent layoffs. Savings targets as part of the merger have been given and most of it relates to non-labor.
@ax this definitely seems possible. What would the lists be exactly? People that will be laid off?
not unless I get my endless, all-you-can-eat buffet
well hopefully someone on here will hear about the 5 am meeting and share with us ..
Only the Caribbean svps are at this early meeting
Quit wit'da comoishul 'n get on wit da SHOW!
@b3 If I was an SVP and not invited to that meeting I would be worried
A lot of SVPs are also inline for layoffs.
James still owes me a Golden Corral Gift Card
@as what you say makes sense as well as the other posts - but a five am meeting is crazy ... absolutely crazy ..
@aq not to agree/disagree, but the thought there is probably that EVPs made some lists, and that meeting is for them to present them to SVPs and get briefed on next steps.
This is exactly what happened to my previous company where EVP equivalents made the lists and presented them to SVPs equivalent the morning of at 7am (invite was sent the night before) 2 hours before emails to impacted peons equivalent were sent
Brb, checking with James Farris
@aq why to even go off with meeting the same day , if it would have been a planned layoff date the writing would be on wall by now .
It doesn’t make sense to have meeting on the day of layoff.
This would have been done way before .
Even last time during skydance paramount merger they took 2 months to streamline and then layoff hit.
is the thought this is laying off whole teams before nine am in NYC? am i reading it that way ? otherwise what's the point of 8 am NYC 5 am LA time meeting ?
Any teams been told to work from home tommorow ?
Half the VPs sleep until 10am at least.
Like who in ad Sales? Everyone I’ve checked doesn’t show this meeting.
Seeing a few in advertising sales as well
@a9 also SVPs under CH (RIP) excl. content ones
It seems only EVPs under DG got this meeting; I even saw some VPs in that meeting. @OP, are you part of Product and Tech?
@a5 warrants (apply to every PSKY stockholders) are independent/irrelevant from the make good grants
@a2 warrants started today
5 am Pacific is wild .... email going out by 9 NY time maybe ..
tomorrow is also the day when they are supposed to issue make good equity grants (stock split) so that would make sense ...