Topics regarding layoffs at Paramount Global

Topics regarding layoffs at Paramount Global

UFC!

So skydance just secured the rights to UFC. So the company is growing. Not sure if it’s going to save jobs but I’d rather be the buyer than the seller.

MTVE?

Any news on what's happening with MTVE (other than what's been reported, which doesn't sound promising).

They literally cant keep the lights on anymore

I came into my office today (1515) and as I'm working the lights shut off. They were doing an electrical test on the whole floor, and I saw massive blueprints of our floor plan spread on a table outside. Idk, could just be routine but...gave me a... — read more 

Morgan Standley RSU tender offer not completed?

I sent all the paper work certified mail to sell 100% of class B PARA. The entire thing was very manual which is curious. I haven't seen any movement on the final tender of 61% class B PARA shares hit that account. Anyone else see different?

Headquarters moving to LA

https://deadline.com/2025/08/paramount-shifting-corporate-headquarters-to-l-a-skydance-santa-monica-1236481980/ Article seems to insinuate that 1515 will no longer be used.

New structure - timeline?

Do we think the announcements of the new structures within the 3 new tiers will come before or after the town hall next week? Feel like we’re still just waiting in limbo. Especially those who will likely fall into “TV Media” - whatever that means... — read more 

Stock Options

So our stock options are being converted 1:1 to the new stock. What's this about a double trigger? The way I read it, it sounds like all outstanding options would vest immediately upon termination (aka layoff, not you got caught at a Coldplay... — read more 

Variety article today

2 billion in cost cuts - more than a 1000 layoffs only specific seems to be bringing down cable nets cost - the rest seems like it would cost more

new info

seeing exits in the news and the new structure of the production companies - anyone hear anything about layoffs or the teams under these folks seems well planned out lots SD leadership - but they have a small employee count ..

I don't mind a change in leadership

We know the current one was not doing a good job. Hopefully, things will improve in the future. At least for those who're still here once it's all over.

Return to office?

Has anyone heard if/when they might get rid of the hybrid schedule and make us return to office? Wondering if there would be any flexibility with how many days are required or if it would be up to the department head

Townhall?

I heard from a colleague that there would be a townhall after the merger close. They didn’t have a date they could share but they know it’s being worked on. I’m curious if anyone here has heard anything about when this townhall might happen?

Paramount and Oracle hooking up

Heard from two senior folks now that all the tech and operations get outsouced to Oracle to save that promised $2B. Helps Paramount and very good for Oracle cloud. Any truth here?

Streaming cuts/performance reviews?

Restructuring is coming (allegedly,) but leadership is radio silent or shrugs while pushing performance reviews. Which teams/roles are most at risk? Is TR staying for the p+/pluto tech convergence, what about VH? It’s frustrating to piece together... — read more 

CBS News Buyouts

I heard there was a big sc--w-up at CBS News with the buyouts they offered to certain employees. Heard they offered buyouts initially including freelance years and then they yanked back all the freelance years, which in turn led to the yanking of... — read more 

Severance

Does anyone know if we'll get severance if they make sweeping cuts?

Tech Cuts (Bain & Co.)

I’ve heard from a senior Tech executive that PW and his L2 have been working for months on a massive reorganization with the help of Bain & Company. This executive said this would be the largest reduction across any single team and be triggered on... — read more 

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