Shari is pulling the plug on Bakish. Welcome to the club, Bob. Looking forward to your sh** posts here.
https://variety.com/2024/biz/news/ceo-bob-bakish-out-paramount-global-1235984507/
17 replies (most recent on top)
Leadership on my team seems to have given up, there's no clear direction for streaming right now.
Feels like we're just getting through earnings before being cut...
Hearing marketing teams will be merged No one seems to know who will be in charge ..
haven't heard any statements from Streaming CEO?
i heard some teams will either be fully cut or merged and that no department is safe this round
Article in Deadline today says cuts will be later this summer and hit corporate and marketing BET and possibly Pluto up for sale P+ looking for a merger partner
I don't see a new Warn Report out of NY There's an adjusted one from April that listed two July layoffs ... anyone else seeing one
found the warn notice set for july. good luck everyone :(
Anyone heard specifics Im hearing after Town Hall and before July Four holiday and vacations ..
para market value dips below $7 billion from merger valuation of $30+ billion .
Einstein said buy at $14 like buffett did....
Town hall moved to June 25 re: layoffs - merger
So mere weeks after Bob gets canned, my free Paramount+ sub that I never watched gets yanked. Coincidence? I think not!
Warren Buffett just sold all $2.6 Billion of stock
Damn, they did me dirty!
@blz+1shAhqfl one of them eventually gets replaced by Shemp
Don't worry Bob, you're now eligible for 3 months of LHH Career Services so I'm sure you'll land on your feet very soon!
Yeah, quite the triumvirate: Cheeks, McCarthy and Robbins. What follows? Civil war?
I see the hatchet robot named Chris McCarthy is one of three taking over the head spot…for now. Paramount is doomed.