Thread regarding Paramount Global layoffs

This company used to be respected

Now we're nothing but a joke. It breaks my heart to see how we're being systematically destroyed and there's nothing we can do to stop it.


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| 19 views | | 20 replies (last 23 hours ago) | Reply
Post ID: @OP+1kyhcfg43

20 replies (most recent on top)

My boss is a joke. Literally. She’s an EVP who knows nothing, adds no value but is protected by some blackmailing thing. It will all come out in the wash.

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Post ID: @ns+1kyhcfg43

@hs Absolutely true

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Post ID: @nh+1kyhcfg43

@m9 Valuation is a BS metric its just based on the stock price.

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Post ID: @mn+1kyhcfg43

company conglomerate is now only valued at $9 Billion which was the value of viacom alone back when they remerged with CBS and renamed paramount global which was supposedly supposed to be valued at $30 Billion... lol

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Post ID: @m9+1kyhcfg43

@hv Yes and the dirt they have on people

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Post ID: @kh+1kyhcfg43

@cs it’s who u know not what u know.

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Post ID: @hv+1kyhcfg43

@hc many are. Some probably have multiple jobs and barely do any work. Some do great work and we very much depend on them. The problem isn’t where they work from. Some people in and out of the office fill their days with unnecessary fake meetings which bring no value. Some play the game to give the appearance of doing work when they are actually doing bare minimum they’re asked and bringing very little value. Some who don’t focus on the corporate administrative metrics tracking like the previous mentioned group might bring tremendous value through helping others, proactively fixing problems or critical thinking which benefits our products. Who falls into which group might be hard to discern from someone at a higher level near DE. If he asks for lists of who to cut from the ocean of middle managers, some dishonest ones would actually give him the wrong names for self preservation purposes, ignorance or apathy. That is the real issue at this company.

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Post ID: @hs+1kyhcfg43

There are still so many middle managers and upper echelon “decision makers” in the ranks. Skydance could easily cut a bunch more if they wanted to. Not sure about other groups but many teams were left in the wind after the layoffs. Some of the reporting structures don’t make sense.

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Post ID: @hr+1kyhcfg43

@dg It is. They are useless.

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Post ID: @hc+1kyhcfg43

@f9 Paying freeloading senior leaders and remote workers is a mistake.

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Post ID: @hb+1kyhcfg43

After last August 7th, DE was solely focused on obtaining WBD. That's why nothing has changed except job losses.

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Post ID: @fg+1kyhcfg43

Paying 3 ceos was an embarassing mistake…

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Post ID: @f9+1kyhcfg43

@cs It takes time to turn things around. DE hasn't even been in charge for a year. We need good content to make money, and then the company can invest in people, tech, and whatever else. The problem is that our IPs, like Star Trek, have been damaged by questionable decisions, from hiring writers to putting Kurtzman in charge.

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Post ID: @dt+1kyhcfg43

@dg 100%

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Post ID: @dh+1kyhcfg43

It’s not necessarily remote workers who are the problem. I come into the office while many of my best coworkers do not have to come in. There are remote and non-remote workers who do not pull their weight or actually do nothing but still have a job somehow. There are people stuck at the bottom with no hopes of promotion who are 10x more competent and hardworking than everyone 4 levels above them. This could easily be a great company again if incentives were changed to reward people who give a damn instead of those who do not.

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Post ID: @dg+1kyhcfg43

@cs yes. Caribbean remote workers.

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Post ID: @d8+1kyhcfg43

@cf really? Please explain to me specifically how? Oh that’s right, you can’t. Instead he keeps lazy remote workers employed along with their do nothing bosses.

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Post ID: @cs+1kyhcfg43

DE is actually trying to save the company and get back to producing great content.

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Post ID: @cf+1kyhcfg43

This company has been a joke for a while. Leadership has been cr-p for years. Stock is at $8.

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Post ID: @cd+1kyhcfg43

It's always been a premiere peddler of absolute gøyslop

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Post ID: @an+1kyhcfg43

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