'How You Spend Your Working Hours' in CBS News Memo https://share.google/kGj4hIPCQcv13AWAs

I’ve worked for a number of media companies but Paramount is, by far, the worst as of late. I’m counting the days until I’m out of this toxic place on 10/31 and thankful that I’m able to retire. For anyone thinking of joining this company- DON’T!

Title says it all. I just received a job offer to work at Paramount. I’m currently employed, but I am looking for something new. I told the hiring manager I needed the weekend to think about it. Should I take the job?

At this point, I’d feel both relieved and terrified if I got laid off. Relieved to escape the exhaustion and anxiety, but scared of what comes next. And if I stay, I know I’ll just feel numb, dealing with the inevitable toxic fallout from the cuts... — read more 

Barron's: Genius or Cliff Dive (Larry Ellison’s $300 billion dollar AI Power Play) Oracle is riding the AI wave like a rocket, with the stock up 373% in 3 years, a reported $300 billion dollar OpenAI contract, and a backlog exploding to $455... — read more 

https://www.bbc.com/news/articles/cdr612yz8p0o "MTV, the world's first 24-hour music broadcaster, is to stop showing rolling pop videos in the UK after almost 40 years when it closes five channels at the end of the year. MTV Music, MTV 80s, MTV... — read more 

Will the majority of layoffs happen at Paramount Pictures, Paramount+, CBS, Nickelodeon, MTV, BET, Comedy Central, or somewhere else? What are we thinking?

"Paramount Skydance has recruited Jay Askinasi, most recently Roku’s top advertising exec, as chief revenue officer. Askinasi will start at Paramount Nov. 3, dual-reporting to CEO David Ellison and president Jeff Shell. According to the company, the... — read more 

A majority of the posts on here are about Paramount. Has anyone heard specifics about what cuts are in store for the CBS News division? Streaming? Digital? Employees in satellite offices? Managers?

Getting laid off is probably the best thing to happen to someone. You get a paid vacation for whatever your severance covers. You don’t have to work. All of your work is just dumped on some poor soul who was chosen to stay. You can do whatever you... — read more 

Do you think any employees will be asked to stay through the end of the year or do you think all those impacted are out on 10/31?

Who is trying to see if their manager will let it slip who is on the list? Me!

does that mean we can officially do less than the bare minimum? I mean, hard to stay “deeply engaged” when there’s a decent chance I’ll be shown the door very soon.

Is it going to be WARN + Severance? given its a mass layoff.

Read an HR post that they were due yesterday, is that confirmed?

This is how I understand things will play out as well. If anyone can confirm, please do. All of this is purely speculation, but given that remote workers are included in Phase 2, the coming layoffs will probably be related to other factors and... — read more 

If you're smart, you're already on your way out.

Are those off the table? The only thing keeping me here is the bonus, then as soon as I get that I'm out, unless I'm laid off first. Anyone have any intel if the bonus will happen in 2026, or did those get axed as well.

… I’m clearing out my personal belongings and beginning to work with a couple of headhunters. I do not accept being lectured to in what is a violation of standing company policy to not politicize our workplace. This company, now aka Fox News Jr., no... — read more 

Anyone hear anything about remote workers? Have managers been given a chance to prove their position is critical or will all remote employees be let go Oct 28?

Why was it deleted? By someone other than the OP?

It’s purely cost reduction. That’s why we’ve been losing so many veterans, experienced, and competent people. It’s always about the bottom line. It has nothing to do with dedication, creativity, resourcefulness, or hard work. Being a valuable... — read more 

How long will this go on for?

Does anyone know if they’re doing it based on seniority, highest pay, department, etc? Anyone know if some departments/entities are gonna be hit more than others?

There are so many people taking the severance pay or finding other jobs and leaving. We are already stretched thin and losing more people before the layoffs have even started.

If we survive the layoffs end of October has anyone heard any intel as to where they will put us all in existing LA or NY offices?

Be Kind to yourselves, layoffs are not a business decision, but a failure of executive leadership. You all are awesome, stay that way!

God knows when the dust will actually settle, or what things will look like once it does. To those staying, I wish you the best of luck. Just make sure you’re always keeping an eye out for other opportunities. Be kind to yourself—and put yourself... — read more 

If you opted in to the severance package - Have you been given an official last day? there’s been radio silence.

Lots of full time employees that are Leads don't know how to code, only thing they know is to take credit from the work the contractors do.

Do we think there will be another layoff round in March to line up with the RTO phase 2s? I’ve heard could be two rounds and lots and lot of restructuring. Anyone heard the same?

My department is hiring. I believe they already found the candidate. Hopefully that’s a good sign for my department

I keep seeing that Ellison has pledged to keep and invest in brands like BET.

Managers are aware of who will be impacted in Oct/Nov. HR has the lists already. Does anyone know if the names are set in stone?

Is that per year or over several years? Because if the target is saving 2B from laying off, the math doesn’t seem to jive. Lets say avg employees salary+benefits etc is $300k/yr/person, which is a reasonably high est for avg, laying off 3k will only... — read more 

Honestly we will never get to the 2 billion number by laying off a bunch of low level employees barely making 6 figures. I see a few big names leaving but hardly enough. We all know we are top heavy. Discouraging not many more have been announced.