Thread regarding ViacomCBS layoffs

per earnings call: 15% of staff will be cut

legal, communications, tech, marketing, corporate functions will be hit (may have missed a few depts in there)

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| 1251 views | | 9 replies (last August 9, 2024) | Reply
Post ID: @OP+1tUQGFOI

9 replies (most recent on top)

pluto bet telefe... bye bye bye

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Post ID: @1wzv+1tUQGFOI

Yes international is not impacted yet. Thats 2025

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Post ID: @1imb+1tUQGFOI

What is 15% of three (incompetent CEOs?)

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Post ID: @kro+1tUQGFOI

So what is 15% of the US #?

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Post ID: @lex+1tUQGFOI

So the teams which made the disastrous decisions (creative and otherwise) which brought this company to its knees all get a free pass. While those of us who supported the endeavors pay the price. Got it.

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Post ID: @dex+1tUQGFOI

redundant marketing/comm finance, legal, tech, and other support functions
by end of year
in coming weeks
3 CEOs isn't redundant?

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Post ID: @sfe+1tUQGFOI

" In order to achieve this, we announced on our earnings call today that we will be reducing our US-based workforce by approximately 15%. These actions will take place in the coming weeks and will be largely complete by the end of the year."

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Post ID: @nti+1tUQGFOI

Yes 15% of US staff - so roughly 2550pp

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Post ID: @odq+1tUQGFOI

I think Chris said 15% of the US (not international)

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Post ID: @red+1tUQGFOI

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