Thread regarding Paramount Global layoffs

So let me get this straight...

Timeline of events:

  1. Voluntary layoffs (leave on your own accord)
  2. General Layoffs (you don't see it coming)

Makes sense if your no where near an office to leave now, enjoy the holidays and find another job? I assume general layoffs early next year would wipe out anyone not near an office?


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| 117 views | | 11 replies (last 14 days ago) | Reply
Post ID: @OP+1m61naa7m

11 replies (most recent on top)

@f0 this is info i got from a former coworker (i left paramount streaming in feb) - but they were basically sent an email saying that they were exempted from all of the RTO phases and could continue to work remotely for the foreseeable future.

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Post ID: @f8+1m61naa7m

@a7 Where did you read the remotes have a "permanent" exemption to RTO?

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Post ID: @f0+1m61naa7m

@bq And you think there will be no disruption to the business if they yank out all remotes at once, like ripping off a bandaid? You think remotes are sitting on their as--s receiving a paycheck for fiddling with their fingers?

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Post ID: @ez+1m61naa7m

@ae is this the streaming exemption? idk i left the company before it was given because 5 day RTO with no comp change was garbage. but i heard from my friends inside streaming that it said they were exempted from RTO in any phase

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Post ID: @bz+1m61naa7m

They have enough staff to remove the remote workers, it’s coming sooner than you think.

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Post ID: @bq+1m61naa7m

Severance policy is the same as it was last year- in our internal documentation that’s linked in the FAQs shared with us

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Post ID: @az+1m61naa7m

How were the severance packages structured last year? How can I calculate how much I would get if I got kicked out?

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Post ID: @aw+1m61naa7m

As a fully remote employee, I can tell you @a7 that we do NOT have a guaranteed permanent exemption. They just keep kicking what they are going to do with us down the road. SOME of my fellow remote employees have requested exemptions but I've only seen a handful of them actually approved.

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Post ID: @as+1m61naa7m

@ac company severance policy is actually outlined in the documents somewhere. the severance package is pretty garbage unless you have been here for 20+ years. (i would have gotten 4 weeks of pay if i had stayed, though the buyouts for phase 2 didn't happen anyways)

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Post ID: @ae+1m61naa7m

@a7 previous pattern doesn't guarantee future layoff. You may get same pkg in future layoff, or you may not. I am taking the sure thing. Time to take a gap year break.

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Post ID: @ac+1m61naa7m

you get the same severance whether you get hit by general layoffs or voluntary buyout. (this was the case last year when the huge round of layoffs hit paramount).

most of the folks who are fully remote anyways have a permanent exemption to be full remote as i understand.

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Post ID: @a7+1m61naa7m

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