How the “Office of the CEO” can announce $500 million in cost cuts (aka our jobs) while ALSO taking a combined $9 MILLION in BONUS money tells you everything you need to know! Why more people internally haven’t noticed this is beyond me (https://www.thewrap.com/paramount-office-of-the-ceo-severance-protection-plan/ ) but they justify it as a bonus for taking on the added responsibility of the CEO role after Bobs departure but those of us who survived the first round of layoffs earlier had a boat load of responsibility's added to our plate without a freaking dime added to our pay so if they expect us to do more work with no extra pay, those clowns should be expected to do the same! Even if I survive tomorrow, I’m going to start looking. F this place.
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Pssssshhh. Honestly ease up. That’s enough CEO bashing. I’d like to see YOU run the company into the ground for $9Million in bonuses. I bet YOU couldn’t do as good a job.
Total fu--ing clown, all three are
BUT, don’t let it get you down
There is a future beyond these a--holes with golden parachutes
Bob also gets 3 years of health insurance. Folks like CFO NC get a lump sum payment multiples by 2. From Nov ‘23:
https://ir.paramount.com/node/69411/html
Fu-k corporate America. Absolutely anyone who makes it out alive tomorrow should continue looking for a less-sh---y company. Especially one that does not have 3 fu--ing CEOs who don't give a DAMN about anyone who works under them.
Long as they get their fu--ing yachts, we can all be damned. Fu-k our families. Fu-k our bills. Fu-k putting roofs over our heads. Long as they get theirs.
Eat. The. Rich.
Bob's 2023 compensation was over $30 million and his severance was ANOTHER $50 million. He literally got paid $50million to go away while we will get pennies on the dollar tomorrow.
And don’t forget that Bob is being paid his full salary while the 3 ceos get their regular salary plus bumps. Don’t recall what Bob is being paid but it was way more than the 3