Topics regarding layoffs at Paramount Global

Topics regarding layoffs at Paramount Global

Not trailblazing

CBS is now officially worse than ESPN, where they hire based on project size and then let go once the project is finished. At CBS, they lay off just because they have no idea what they're doing.

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Post ID: @OP+1jxd3q3j8

UNIONIZE NOW

I’ve said it many times that the folks who are left here need to unionize. I can put you in touch with the jacked up biz manager if you are ready. I have never had to worry about layoffs since my father brought me into the union 30 years ago. I... — read more 

I feel sick to my stomach

I just joined five months ago. Left a good job for this thinking I was making a great career move and now I'm likely to be laid off. I'm guessing that last in, first out works here as well. Why did they hire anybody knowing they were planning major... — read more 

Email is out

Hi Everyone, As we navigate the continued industry-wide linear declines and dynamic macro-economic environment, while prioritizing investments in our growing streaming business, we are taking the hard, but necessary steps to further streamline our... — read more 

3.5%

Good luck and good speed everybody.

Please be sure before you post.

Unless you know something beyond the shadow of a doubt please either add a disclaimer that you're not 100% sure or keep it to yourself. Posting things that you just THINK are true without stating you have no fact to prove it can just increase... — read more 

The cuts have started

Naveen the CFO is out. Looks like the new guy is interim until the SD merger. Good luck tomorrow, everyone.

CFO Naveen Chopra is OUT

This news is depressing. https://www.prnewswire.com/news-releases/paramount-announces-cfo-transition-302476819.html7/ NEW YORK, June 9, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA), today announced that Naveen Chopra, Executive Vice... — read more 

Adherence to WARN

I've been reading these forums to understand what kind of severance we should expect. Sounds like we should get 90 days due to NY WARN law (I work at 1515) and then a severance estimated to be 2 weeks per year of work. There are arguments out... — read more 

Rumble in the tech jungle

This place really has lost the plot. So first we don’t need a CISO, and PW takes over, and now they have put in an interim CISO who has zero credibility. The perception in tech circles is that PW no longer cares and has already checked out pending a... — read more 

Any idea how extensive the layoffs might be?

It seems the general consensus is that they’ll affect the entire company. But do we have any sense of how many people could be impacted? I’m worried this round might be even worse than the one in September.

Hearing Execs at MTVE Studios Are in the Dark

Have heard execs within the MTVE Studios org have not been told of any plans for a layoff and have not been asked to chose candidates for layoff. This doesn't mean that layoffs aren't happening. In fact, it likely means something much worse, these... — read more 

TOM RYAN IS OUT!

I had a dinner with an HR friend last night and she mentioned seeing press releases prepared, Tom Ryan is out as of next week. If that happens, what happens to streaming?

severance package?

With the upcoming layoff, does anyone know what is the severance package historically at this company? I heard it's 2 weeks per your year of service? If you've been with the company for 4 years and 5 months, do they round it up or round it down? — read more 

June layoffs - not streaming only?

Is this confirmed? According to my understanding, the decisions are essentially final. They are just waiting for sign-off from the top which should come later this week, then HR can work on the details next week and provide them to line managers... — read more 

US employees are safe!

Heard chatter about no US employees(barring contractors) will be impacted in June reductions. If you guys remember, only US employees were cut in September. This should even the field a bit.

Who is usually targeted?

"I'm relatively new, and I’m not sure if that makes me a safer bet or an easy target. I know it’s often the higher earners who get let go first, and that’s definitely not me. But at the same time, being one of the most recent hires can sometimes be... — read more 

June 10 - CONFIRMED

Last night I had dinner with my friend in HR, and yes, June 10 is confirmed! I'm obviously not going to share their name, but they are working towards Tuesday, June 10, and it's not just US-based people. They said there are a lot of streaming and... — read more 

MTVE Layoffs

How many at MTV Entertainment will be getting the axe in June? Has anybody heard anything?

June Layoffs, WSJ Reporting

New article in WSJ mentions the June layoffs: “After laying off thousands of employees last year, the company is preparing another round of job cuts as soon as next month that would save hundreds of millions of dollars in costs, according to people... — read more 

June Layoffs?

Heard a rumor of June layoffs in streaming - anyone have more info?

Anyone in Streaming?

How are you holding up now that it’s been confirmed we won’t see any promotions or raises for a while?

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| 2350 views | | 10 replies (last May 6, 2025)
Post ID: @OP+1jsr95rqh

Are any office closures likely with the Skydance takeover?

I know there's no real way to know how, what, when, or even IF the takeover will occur at this point, but I'm just curious if anyone has heard anything about any office closures planned by Skydance. I'm assuming their primary focus is to invest in... — read more 

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| 2590 views | | 12 replies (last May 23, 2025)
Post ID: @OP+1jsqf1cg8

Why is everybody always complaining?

You do realize no one’s being held hostage here, right? I get being worried about layoffs, but constantly whining about every little thing and then doing absolutely nothing to change your situation makes no sense. If you’re that unhappy, the door... — read more 

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