Topics regarding layoffs at Paramount Global

Topics regarding layoffs at Paramount Global

Where Do Bonuses Lie With Merit Announcement?

Now that merit increases are off the table, has there been any discussion on where bonuses lie? Do regular employees still get their bonuses, and as someone mentioned during Bob Live, I’m curious if the C-suite is offering to take a nickel off their... — read more 

ViaComCBS laying people off at CNET from October 9-13

A bunch of CNET employees and managers are talking about how ViaComCBS will be laying people off from October 9 through the 13th. Letters are being sent to everyone that they're keeping. If you don't get a letter, you're laid off. This is everyone... — read more 

Raise Freeze

I hear that CBS employees were notified that there will be no increases this year. Viacom employees have been informed this will be the same for them when their merit increases are due on the first of the year. Has anyone heard anymore information on... — read more 

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| 3290 views | | 6 replies (last October 8, 2020)
Post ID: @OP+16Xh6D4A

Is there a layoff pattern?

Are layoffs top down (manager followed by workers), bottom up (workers followed by managers), or random?

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| 2380 views | | 7 replies (last September 9, 2020)
Post ID: @OP+16KZ90l6

Unused PTO

Will ViaCBS compensate for unused PTO if laid off? Personal, vacation, and sick days?

Game Over

The Week Old Hollywood Finally, Actually Died The streaming services are in charge, and bringing a ruthless new culture with them. The New York Times / Ben Smith (Archived at http://archive.is/wcuxy ) Aug. 16, 2020, 8:43 p.m. ET For... — read more 

What is the lay-off process?

If anybody who recently got laid off would like to share insight into any red flags, the process, etc. it would be much appreciated. I know there are other posts specifically about severance, but I’d like to know additional info about the process in... — read more 

Out-placement service?

Has anyone used this service provided by LHH? Worth it? It seems like a lot of time wasted to just get someone review my resume. Something tells me that's all it really is, whereas it bills itself as having access to "hidden jobs," whatever that is. — read more 

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| 1580 views | | 7 replies (last September 30, 2020)
Post ID: @OP+16uZymrR

California soaps

Have they moved into Studio city yet ? what about the price is right, has it moved into Studio City ?

VANITY FAIR article

Very eye opening https://www.vanityfair.com/hollywood/2020/08/sumner-redstone-viacom-permalance-workers

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| 925 views | | no replies yet
Post ID: @OP+16sKyxM5

Sumner Redstone

https://www.cnbc.com/2020/08/12/sumner-redstone.html No one is going to shed a tear for Sumner?

I'm Glad I Left CBS

Used to be my favorite company but now I realize in the end they completely trashed it. Thanks Sheri.

SpongeBob Live Aug 11 2020

Alright boys - It's that time again. It's the Wednesday before earnings and we have a Bob live next week. Do we expect the stock to pop with the word of another round? Do we think it's us peanuts getting laid off or another round of upper cuts.

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| 1233 views | | 1 reply (August 5, 2020)
Post ID: @OP+16ilSDYc

Severence

Does anyone know what the severence package is?

Staff Conversions Frozen?

That appears to be the word from higher up - staff conversions continue to be frozen, though it doesn't appear to be enforced on every team for some reason.

Operations Center

So it seems the purchase of the old HBO Operations Center on Long Island is happening. Showtime, MTV Networks/Viacom as well as CBS will be heading there to be under one roof. Wonder if they will put other positions there to save $ on NYC rent and... — read more 

Bonuses this year?

Are employees still getting bonuses this year with all this craziness? If so, when does CBS typically get their bonus since legacy Viacom is on their schedule now? Around the holidays or in Jan? Thank you

Are people able to find new jobs?

Those laid off in the last round, any luck finding a new job? I don't see any companies hiring right now so I'm extra nervous about possibly being laid off. Can anybody tell me if it really is as bad out there as I'm imagining or are there available... — read more 

1515 and 345 personal belongings

I received notice that they have begun packing personal belongings at 1515 and 345 Hudson. Based on their emails and lack of communication post layoffs - anyone else worried their belongings will be misplaced or broken when they ~eventually~ receive... — read more 

Misclassification of Employees

Everyone who is/was a full-time freelancer should report it to the department of labor. Not giving employee benefits after years of employment isn’t just wrong, it’s illegal... especially since the majority of these full-time workers were canned at... — read more 

Wise strategy or no?

YouTube TV launched eight ViacomCBS channels today: BET, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, TV Land and VH1. They jacked up the price 30%, making it $65 per month.

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