Thread regarding Paramount Global layoffs

1000 layoffs in round 1 Wednesday

According to Bloomberg. Wonder when round 2 will come.


by
| 5996 views | | 22 replies (last October 28) | Reply
Post ID: @OP+1k8kp4kxr

22 replies (most recent on top)

@am That’s because in streaming everyone is a VP plus. It’s the only way they could get them market rate salaries. absurd

by
| | Reply
Post ID: @ba+1k8kp4kxr

@aj many streaming people will be leaving as well by the time convergence happen. Seeing so many teams already working with reduced capacity where people resigning week by week

by
| | Reply
Post ID: @ap+1k8kp4kxr

@aj don’t you read? It’s all over the internet that Wednesday is about 1000 people

by
| | Reply
Post ID: @an+1k8kp4kxr

Did you check the org chart? There are more VPs, SVPs, and EVPs than people actually doing the real work! 😄 I hope the first 1,000 to go are all the VPs and above.

by
| | Reply
Post ID: @am+1k8kp4kxr

HR already said wed morning, anxiety is out of control

by
| | Reply
Post ID: @ak+1k8kp4kxr

It's been posted here 100 times. Wednesday will be up to 2,000 people, and the next wave will be more streaming-related after convergence. Either way su-ks just like this place.

by
| | Reply
Post ID: @aj+1k8kp4kxr

Let’s just start our own “Parash*t” and leave those 10 VPs and 10 executives behind, they can try doing the real work themselves. Would be great if all 18K of us left, started our own company, and showed them the middle finger.

by
| | Reply
Post ID: @ah+1k8kp4kxr

@ae where is this list or post?

by
| | Reply
Post ID: @ag+1k8kp4kxr

This is such BS. Based on what’s been going on I think the higher ups are sh-----g themselves and need more time to strategize how to actually lay off the amount of employees they want to while keeping the lights on the networks, which is where most of the layoffs are going to come from

by
| | Reply
Post ID: @af+1k8kp4kxr

Some hr posted that list of 2000 employees already prepared and she found her name on the list. What is this now if that is true !

by
| | Reply
Post ID: @ae+1k8kp4kxr

Isnt it ‘great’ that there are sources at deadline.com who can keep us informed of employment activities instead of hearing anything from the people who sign the checks? What a fantastic place to work.

by
| | Reply
Post ID: @ac+1k8kp4kxr

I feel like I echo everyone, when I say OMFG! This company has to get its sh*t together.

by
| | Reply
Post ID: @ab+1k8kp4kxr

Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises;

The headline leaves out he’s a liar

by
| | Reply
Post ID: @aa+1k8kp4kxr

So much for one swift round

by
| | Reply
Post ID: @a9+1k8kp4kxr

@a6 Nah, your odds of survival remain the same but instead of having a definitive answer in two days, you will get to sit on pins and needles for several more weeks/months.

by
| | Reply
Post ID: @a8+1k8kp4kxr

How many Round 1s can you have? Seriously not a good sign for the UFC

by
| | Reply
Post ID: @a7+1k8kp4kxr

Wait how is this not great news? My odds of survival just doubled?

(Yes my brain has been broken by...all of this...

It'll be nice to be on the other side of this saga one way or the other, but...doubling my odds of surviving this week is everything

I have a plan for a new career so its totally a time game for me. Every day is gold.

by
| | Reply
Post ID: @a6+1k8kp4kxr

They lied?!?! Shocked Pikachu

by
| | Reply
Post ID: @a5+1k8kp4kxr

@OP what fresh he-l is this?! Unnecessarily cruel for them to string it along like this. Cool cool so you’re saying if we make it through this round we get to clench our as--s a bit longer until round two. Anyone with insight into why they’re splitting it up like this? I hate it here.

by
| | Reply
Post ID: @a4+1k8kp4kxr

I hate this. SD/DE when back on his words, surprise, surprise. Once a liar, always a liar. So much for a once and done deal.

by
| | Reply
Post ID: @a3+1k8kp4kxr

So much for executives stating that this will all be done quickly. Too much lip service without facts to back it up.

by
| | Reply
Post ID: @a2+1k8kp4kxr

Post a reply

: