Thread regarding ViacomCBS layoffs

Showtime Layoffs in Progress (2/26/2020)

It’s happening at Showtime today across multiple departments.

Good luck all!

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| 8221 views | | 36 replies (last July 29, 2020) | Reply
Post ID: @OP+13HqcCGZ

36 replies (most recent on top)

More layoffs Wednesday July 29th. Head of HR fired today.

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Post ID: @2unpr+13HqcCGZ

Yes its true. More than 30 people of all levels across multiple depts. Heard about layoffs in special markets, digital, scheduling, rights & clearances, photo, program marketing, promotions, HR, acquisitions and creative. SVPs of digital, print creative and video creative also were let go earlier this week. Lots of good people. Very sad.

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Post ID: @1gzx+13HqcCGZ

I got laid off today

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Post ID: @1tqh+13HqcCGZ

Any other groups affected (aside from ST)?

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Post ID: @1qet+13HqcCGZ

viacbs is close to 30k employees with contractors. a dozen people is not that much.

BUT...

Showtime is not that big, many of us know each other - so losing even one person is not good

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Post ID: @1cos+13HqcCGZ

Super Sweet!

Heard 1 rumor that some one was getting 2 years severance
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Post ID: @1dkf+13HqcCGZ

About 30 were axed from Showtime. Svp, vp and director level. a few coordinators and managers. They have until Friday. Heard 1 rumor that some one was getting 2 years severance. That has not been confirmed.

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Post ID: @1pyo+13HqcCGZ

Please post the correct rumor for severance so we can choose one of them:)

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Post ID: @1rbm+13HqcCGZ

That severance payout is incorrect, stop spreading false rumors

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Post ID: @1gih+13HqcCGZ

30 not 13 for Showtime.

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Post ID: @1eza+13HqcCGZ

13 people is not even a handful. ViacomCBS has 20000+ employees. We probably lose 13 people on a normal day.
On a side note I did hear of layoffs in operations for showtime but don’t have a complete #.

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Post ID: @1zdp+13HqcCGZ

wow 13 people is not a lot but a handful considering it's only Day 1.

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Post ID: @1vgp+13HqcCGZ

Can confirm. I’m aware of about 13 people that I knew across multiple departments. From director level to coordinator.

Someone asked about severance and I heard 3 months plus a week per year you’ve been here.

Sh– day.

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Post ID: @1gwj+13HqcCGZ

Yeah there were a handful of people laid off in multiple departments. Digital marketing, marketing, data/research, rights and clearances were some of them. Not whole teams. It was done within 2 hours or so in the afternoon. They were told they are here until Friday via HR calls.

Somber mood all day, obviously. Not much work was done, obviously.

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Post ID: @hwm+13HqcCGZ

Hearing people in digital and linear advertising/ad tech laid off at both CBS and Showtime.

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Post ID: @gke+13HqcCGZ

CBS TV City huh? Interesting. There is a marketing department there still for sure which didn't transfer to Studio Center like the other departments years ago. Hardly any IT left at TV City so I'm surprised to hear they are letting go whoever is left.

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Post ID: @hxq+13HqcCGZ

Hearing some Layoffs at Cbs Tv City, in I.T and Marketing depts

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Post ID: @zqb+13HqcCGZ

Buckley was CMO and left on his own last year. SVP digital someone else.

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Post ID: @kyn+13HqcCGZ

There is a Showtime headquarters in West Hollywood on Santa Monica also.

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Post ID: @bln+13HqcCGZ

A few hundred grand if not more and the door to your left.

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Post ID: @prb+13HqcCGZ

Glad to hear some people are still surviving to give some insight

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Post ID: @sls+13HqcCGZ

golden parachutes?

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Post ID: @thh+13HqcCGZ

Taking out the big salary peeps first.

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Post ID: @qfg+13HqcCGZ

SVP of Digital Media & Marekting

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Post ID: @ezp+13HqcCGZ

Digital Services? If so Buckley got Bucked.

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Post ID: @jfw+13HqcCGZ

SVP of Digital.... gone.

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Post ID: @dhn+13HqcCGZ

Yes, it's true. Been hearing about layoffs all day at Showtime from IT to Marketing.

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Post ID: @znp+13HqcCGZ

Two months? lol

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Post ID: @vwc+13HqcCGZ

S—s. Bye Felicia.

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Post ID: @epd+13HqcCGZ

Can anyone confirm how the severance packages are looking? And if they make you leave same day or allow you the two months that they are supposed to allow in NYC...

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Post ID: @vbu+13HqcCGZ

Yes some will be spared after the dust settles.

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Post ID: @kic+13HqcCGZ

Confirmed. Happening all day.

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Post ID: @qgm+13HqcCGZ

True those who got laid off are not going to post here but they are not laying off 100% of staff. Those left hopefully can inform the rest of us.

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Post ID: @rfe+13HqcCGZ

I doubt anyone getting laid off today is going to have time or effort to post the fact they are getting laid off.

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Post ID: @xtb+13HqcCGZ

Now that's what I call SHOWTIME!

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Post ID: @seu+13HqcCGZ

Any Showtime people to confirm with more detail?

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Post ID: @vji+13HqcCGZ

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