If you think we're paying for the acquisition any way other than layoffs, you haven't been paying attention. What's the easiest way to cut costs? Layoffs. What has this company done every time it needed to save money, especially more recently? Layoffs. More of the same is coming.
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Why are you stating this like it’s some revolutionary concept? I don’t think there’s a single person in this company who doesn’t realize that layoffs are coming as soon as the ink on the merger is dry. You can’t combine two huge entertainment entities with tons of overlapping functions without shedding a lot of excess weight. DE was already quoted as saying they will need to cut $6 billion, and while it won’t all be people, yes we should expect a bleak outlook towards the end of the year.
No doubt, but does anyone know when layoffs will happen?
All the while the most incompetent and dishonest folks in the company get exemptions based on favoritism.
DE is offering Paramount folks a shot at the new American Dream. I doubt the layoffs will be brutal. Trust the process.
Over the decades this these companies have had layoffs just out of pure greed so don't kid yourself, economics of the company are on paper and they can see the numbers at any time to make an excuse
@c2 there were buyout offer after buyout offer if you've been here 25yrs. How many opportunities does one need.
@c6 lol rots of Rick fool
There will be no layoffs. I trust DE.
Holding out hope for a buyout, personally. That’s just me, though (25+ year employee)
Ford anyone who has theirs head in sand, fancy a look at the statements DE has made about his AI plans. Also look what happened with recent Oracle layoffs
Agree with this unfortunately