Stock loses 50 percent but: The biggest pay package was awarded to Dauman to the tune of $54.2 million. That fiscal 2015 pay package was 22% more than the previous year's. Shareholders didn't fare nearly as well, with the stock dropping 44% and net... — read more
What's up with Paramount?
Just saw this about a minority stake in Paramount being "farmed out". What does it mean for all the (forced) integration that occurred with Paramount, at least on the IT side?... — read more
Expect major Viacom job cuts in March, April 2016
It's all downhill from here - we were late on every single major technology trend - think about it, CORD CUTTING is real and will continue to hurt us - go figure out a different strategy Dauman, whatever you are doing is not working and you've been... — read more
Viacom Layoffs 2016
What is the likelihood of Viacom layoffs in New York in 2016? Please let me know if you have any information.
I should have shorted VIAB
I was let go in June. I found a new job with higher salary 3 weeks later. It's good to the leave this sinking ship. damn, I should have shorted VIAB
1515 Layoff Round...I lost count
another round of layoffs at 1515. anyone know if they're over for the moment? any ideas on the number of execs/VPs out? the mood is black...
Executive Layoffs at Viacom
Lots of turnover at the top in the past few weeks. seems like a sign of more to come. the stock price closed near $56 on friday. darker days ahead. unfortunately, this company lost its way several years ago. when a company doesn't take crucial... — read more
And the bloodletting has begun again
NY, NJ etc...
Getting Worse. Good Luck
http://www.ibtimes.com/broadcast-cable-tv-ratings-keep-declining-viacom-ae-struggles-underscore-industry-1969568
1515 Broadway...building security laid off?
These fellas might not be Viacom employees but it's very strange they would let security go. Times Square location and these men also handled checking vehicles in the building garage...wtf?
is the 785 million pretax charges for the future layoffs and the past one in March?
http://abcnews.go.com/Technology/wireStory/viacom-announces-layoffs-785m-expenses-30126246 title:Viacom Announces Layoffs, $785M in Expenses. It is not clear to me whether they are annoucing new layoffs and the expenses is 785 or the past layoff in... — read more
Viacom Music and Talent Groups, in LA, NYC and Nashville
Viacom needs desperately cut the music and talent groups, in LA, NYC and Nashville. They add zero value to these different brands. Viacom can farm out music and talent needs to a production company handling the 'ratings dwindling' award shows and... — read more
More WARN notices posted in NY for Viacom??
Another 18 positions acknowledged...why the dribs and drabs? Is this a strategy? Escalating rumors of around 700 in June-anyone know anything?
Layoffs NY, DC, CA, MI, TN
All over the place right now, we are spiraling down fast
Quiet until the next storm
There's still another round of layoffs forthcoming...
CENTRIC - EVP & General Manager GONE! It's about damn time!
BET has been slowly but surely closing its corporate office doors. They've been slowly phasing out nearly every division. Not much left in DC but the clean up crew.
CMT hit hard today in Nashville
At least 23 people so far today (Tuesday) in almost all departments. Don't know if it's over...
Layoff Date: to occur between 6/9/2015 and 7/1/2015
Anybody know what channel or department this notice is related to? https://labor.ny.gov/app/warn/details.asp?id=5024
Thursday Meeting Invites
Anyone concerned?
Reality TV?
What with the poor handling of whole situation, is it true that the cameras in the lobby were filming for some sadistic reality TV show?
Over one week --- no paperwork?
Can we call get real for a minute? You've been laid off. And, you've been paid out for one week, four months, six. But where is the paperwork? We work for a billion dollar media company and they can't actually close the loop swiftly and responsibly?
Yeah, hit 1540 35th floor today...
That's it.
When will it end
Does anyone know when these layoffs will end? It is incredibly stressful coming to work every day wondering if I am going to be laid off. Not to mention very difficult to get motivated to do anything.
More Layoffs at the BET Corporate Campus in DC
The layoffs in DC for the BET Brand was awful. Entire groups were dismissed in a matter of hours. Working with people for several years...very draining...
Post layoff plans?
What are your plans? Remain in the field or venture out into something new?
Separation Agreement?
Has anyone gotten their legal paperwork yet? This whole thing has been handled so horribly -- and I've seen many layoffs go down in the past decade. It's complete BS that many of us still haven't gotten the full paperwork package, yet we're expected... — read more
International?
Has anyone in international been let go? Does anyone know if/when international will be hit?
International?
Has anyone in international been let go? Does anyone know if/when international will be hit?