Thread regarding Paramount Global layoffs

Packages?

Do we know if and when Skydance will offering voluntary packages again and if that will include Paramount or just Warner Brothers Discovery?


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| 422 views | | 33 replies (last 16 days ago) | Reply
Post ID: @OP+1m5wdfr6a

33 replies (most recent on top)

I clicked on the link to EOI and was sent to the apps page. Can anyone help?

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Post ID: @ez+1m5wdfr6a

@c9 I can confirm from CNN friends that they were offered 3 weeks per year of service for employees who have been there 15+ years. But only 2 weeks at CBS

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Post ID: @en+1m5wdfr6a

@c9 i wonder if we wait to see if we get laid off we will get 3 weeks too

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Post ID: @ef+1m5wdfr6a

@b3 oh they gave paramount employees 2 weeks for every year. And WBD employees three weeks for every year. Messed up.

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Post ID: @c9+1m5wdfr6a

It’s everyone under Skydance (incl Para and WB), but half of Paramount employees still don’t come in 5 days and there were no repercussions. If 5 days is a concern, don’t take the buyout because Skydance won’t do anything about it. Just use the excuses everyone else is using. “Sick, traveling for work, road closures, etc”

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Post ID: @b6+1m5wdfr6a

Will the severance package be paid lump sum or it will be just like salary and paid biweekly? Trying to understand when the last date technically will be if its paid out as salary?

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Post ID: @b5+1m5wdfr6a

@b2 They never said Remote employees are out of VBO . They just said out of current RTO requirement.
If a remote employee feels like getting a VBO instead of staying They giving them opportunity

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Post ID: @b4+1m5wdfr6a

I wonder what the differences are in the VBO plan for WBD legacy vs. Skydance or if they're the same?

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Post ID: @b3+1m5wdfr6a

They changed the policy with remote workers, now we're included. In less than an hour they changed their minds...just wow.

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Post ID: @b2+1m5wdfr6a

If I express interest in the voluntary package, is that going to put me on a list for future layoffs?

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Post ID: @b1+1m5wdfr6a

I just got one, in international. EOI by 1 Nov.

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Post ID: @b0+1m5wdfr6a

So any employee hired before the cut off date are considered eligible or only selected few? I am wanting to understand that what are the chances of being laid off if we were part of VBO?

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Post ID: @az+1m5wdfr6a

Did international folks get the VBO and RTO email announcements?

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Post ID: @ay+1m5wdfr6a

@av it says today. So if your don't see one by tomorrow, you are not eligible for VBO

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Post ID: @ax+1m5wdfr6a

@av yes. Go to the link in the Email. And one of topic have a link which gives buyout amount based on year of tenure and designation

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Post ID: @aw+1m5wdfr6a

Is there any info on actual packages being sent? Might have missed it..

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Post ID: @av+1m5wdfr6a

The craziest update to the RTO update is the package itself. You can’t be rehired in any capacity for 3 years. I know there are so many employees who were rehired for projects after they were let go last year. That’s insane to me.

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Post ID: @at+1m5wdfr6a

In-Person Collaboration

We believe in-person collaboration is vital to our culture and to the success of our business. Especially in a creative company like ours,

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Post ID: @as+1m5wdfr6a

@aq yes

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Post ID: @ar+1m5wdfr6a

@ae you have the email now, cause I'm in streaming and I just got it.

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Post ID: @aq+1m5wdfr6a

If you were hired remote, the RTO doesn't apply. If you are included in this, you will get an email with the offer. People need to share what that offer is, cmon

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Post ID: @ap+1m5wdfr6a

@aj you check the link in the FAQs, it says that if you are currently fully remote, there are no immediate changes to your work arrangements.

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Post ID: @an+1m5wdfr6a

@aj Goto skydance integration hub link in the Email and Return to office link. It says Remote employees stays remote and will revisit and get back. Not sure how long but as of now no RTO for remote employees

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Post ID: @am+1m5wdfr6a

@aj it says across all Skydance. There are no details about reevaluating paramount positions that were kept remote.

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Post ID: @ak+1m5wdfr6a

Does the RTO email suggests that they will reevaluate Paramount positions that were kept as fully remote from Phase 2 last time this happened, or is this towards WBD employees?

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Post ID: @aj+1m5wdfr6a

Check latest Building a winning culture email from DE n YK. It have RTO and severance details link . Last few pages have amount details. Too many links and too many details before reaching there

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Post ID: @ah+1m5wdfr6a

@ae I’m in streaming, we got it

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Post ID: @ag+1m5wdfr6a

Thats bullsh-t, Streaming def received the email

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Post ID: @af+1m5wdfr6a

@ac Can you share details on this, Our dept (Streaming) dint get any.

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Post ID: @ae+1m5wdfr6a

5 day mandatory RTO email just hit

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Post ID: @ac+1m5wdfr6a

Oh I thought sooner. Next week?

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Post ID: @a4+1m5wdfr6a

Yes and it will include all. The offers will come in November

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Post ID: @a3+1m5wdfr6a

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