Thread regarding Paramount Global layoffs

How safe am I?

I joined five months ago. I know, horrible timing but it is what it is. Will they really kick me out so soon after onboarding me?


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| 32 views | | 6 replies (last 14 days ago) | Reply
Post ID: @OP+1m61wazfm

6 replies (most recent on top)

People who have been here long time are more expensive to let go than new person. So the people who fake work here feel safe because they have been here long time.

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Post ID: @ff+1m61wazfm

It really comes down to how critical you are to the business needs and how much money you make.

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Post ID: @fd+1m61wazfm

In the past the company (Viacom etc) would usually go last in - first out. That left us with a relatively older workforce after a few years of doing that. They haven’t done that recently

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Post ID: @eq+1m61wazfm

Honstly, under the old logic, providing you are low level you should be fine

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Post ID: @e7+1m61wazfm

There really is no simple way to answer your question. I can tell you though anecdotally that way back when I was hired in 2011, before WB, before Skydance, before Viacom -- our division faced a fairly hefty round of layoffs about 5 months after I was hired. When we heard that layoffs were happening that morning I braced myself for it, assuming the worst since I was the latest hire to the team. To my surprise I was not impacted and they laid off 5 other people from the department. At the time I was too naive to realize that the people laid off were all Director and above and making considerably more than me and my entry level salary. So ultimately it just depends on a lot of factors, but being the newest hire isn't always a guarantee.

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Post ID: @e4+1m61wazfm

Yes, they would. Unfortunately it happens, and it stinks but companies don’t care about the individual and would let you go if they needed to. Sometimes these things come down to first in = first out.

As for how safe you are individually it all depends on your team and so many other factors that are outside of your control. It’s better to take things one day at a time. Worrying won’t change an outcome, just try to be kind to yourself while we wait for layoffs

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Post ID: @a1+1m61wazfm

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