Bob, Sheri, and management do yourself a favor and get rid of the top heavy Human Resources group you have in Studio City along with a handful of VP's that are more than the assistants that support them. Human Resource department hardly does anything... — read more
Warn List
https://www.labor.ny.gov/app/warn/details.asp?id=7110
Pop TV layoffs
https://deadline.com/2020/02/pop-tv-layoffs-following-move-viacomcbs-entertainment-youth-brands-group-1202870928/ https://variety.com/2020/tv/news/pop-tv-layoffs-viacomcbs-1203519256/
CBS Studio Center Studio City Layoffs
Hilary Groner Vice President MultiPlatform Operations at CBS Studio Center Studio City was laid off yesterday.
Friday February 28th
I did here of some residual layoffs today left over from Wednesday’s first of many rounds. To those in the crosshairs good luck and Godspeed.
Today thursday
Did anything happen today? Anyone effected?
CBS Studio Center
There are rumors going around CBS will be selling this studio as well.
ViacomCBS allows SENIOR employees to be LAID OFF by letting BUYOUT DEADLINE to EXPIRE to Collect Unemployment as well
A) viacomCBS offers SENIOR employees Buyouts B) the SENIOR workers refuse the Buyout and let other workers get Laid Off in Round #1 C) newer workers get Laid Off in Round #1 D) Senior workers lay low for several months E) Senior workers then let... — read more
Impact: special markets, digital, scheduling, rights & clearances, photo, program marketing, promotions, HR, acquisitions and creative
Showtime - More than 30 people of all levels across multiple depts. Heard about layoffs in special markets, digital, scheduling, rights & clearances, photo, program marketing, promotions, HR, acquisitions and creative. SVPs of digital, print creative... — read more
Thursday February 27
I doubt there will be anything prior to Bob Live. Perhaps after. If yesterday’s number is remotely accurate it’s not even close to being done.
How Low Can You Go
https://www.nasdaq.com/market-activity/stocks/viac
Variety and Hollywood Reporter Are Silent...
Anyone else covering this? Again, there are rumors it's really big but there is no coverage. Hmmm
Showtime Layoffs in Progress (2/26/2020)
It’s happening at Showtime today across multiple departments. Good luck all!
Bow Down To Your Queen
https://pmcvariety.files.wordpress.com/2017/04/shari-redstone-power-of-women.jpg?w=1000&h=563&crop=1
No layoffs at ad sales??
https://www.adweek.com/tv-video/jo-ann-ross-on-viacomcbs-ad-sales-and-upfront-strategy-and-why-shes-not-retiring/
Wednesday February 26th
According to rumors today is the day. At least one of the days. Any info yet? Remember you’re better than what they think. They screwed the company up not you. Good luck!
ViaCBS
Just want to start a thread with the abbreviation ViaCBS so this pops up in searches as well
www.viacbs.com
www.viacbs.com What overpaid executive thought of this abbreviation should be the first one to be cut. I know it is only a website but would www.viacomcbs.com be too long for people to type on a url? www.viacbs.com sounds like VIA-cbs... — read more
Tuesday Feb 25th
I thought it might be easier to break this down by days. Common consensus is Wednesday is the big day but there has already been scattered layoffs. Any gossip around the water cooler? Anything happened yet?
More layoffs 2/26?
I hear more layoffs are planed for this Wednesday per the Variety article from 2 weeks ago.
ViacomCBS shares plunged 15% following Bob’s turnaround plans
ViacomCBS shares plunged nearly 15 percent yesterday immediately after the company’s quarterly analyst call, reflecting unease over the company’s Q4 numbers and Bakish’s turnaround plans. In what Bakish categorized as a “transitional” period due to... — read more
This IS the place to vent!
Saying this isn’t the place to vent isn’t helpful. We’re all stressed and if we can’t lean on each other here, then where? I’d say it’s fair to place blame on ViacomCBS since it’s obvious they’re letting staff employees go just to save a few... — read more
Have there been any layoffs today?
I haven't heard anything. Could it be yesterday was it?
Lay offs
More this week More in March And then more till June 2020 Then life goes back to "Normal".
https://variety.com/2020/tv/news/viacomcbs-layoffs-1203502491/
ViacomCBS is preparing for the first of two rounds of layoffs, Variety has learned. According to multiple sources with knowledge of the situation, the first round of cuts, which would affect around 100 people, could take place as early as Feb. 26 —... — read more
Marketing... Consumer products?
Why do these team even exist? Such a tiny percent of money is made from marketing & licensed product- how did we ever justify all those executive salaries? Time for a reality Check. Hopefully the underlings that survive can claw their... — read more
Roadmaps...
Tech work streams at Viacom and CBS have already been kicked off with Business, Tech and External partners in the areas of Employee Technologies, Vendor Management, Software Engineering, HR and Financial Systems "Discovery" to create a business case... — read more
See active posts
use that active button or go to https://www.thelayoff.com/viacomcbs?sort=active
CP is getting hit now
CP employees at 1515, Miami and Canada have been let go just now
This Week
Consultants are in the 1515 office this week and are meeting with execs to discuss ideas
When is it starting?
I heard it would start after Presidents Day. Which it now is. Earnings call is this week as well. Remember not everyone here works at the same location so if you hear or see something say something. If possible keeping the unhelpful comments to a... — read more
Is this happening here?
https://www.forbes.com/sites/jackkelly/2020/02/13/why-many-talented-professionals-in-their-late-30s-40s-and-older-are-not-participating-in-the-so-called-hot-job-market
This cannot last
My current "one job" is technically three jobs, multiplied workload from prior re-orgs. Because of this, I work till 9pm often and I don't see my wife or kids much. So many people are in the same boat. It's ridiculous how this company thinks it... — read more
https://variety.com/2020/tv/news/viacomcbs-layoffs-1203502491/
ViacomCBS is preparing for the first of two rounds of layoffs, the first round of cuts, which would affect around 100 people, could take place as early as Feb. 26 — six days after the company issues its quarterly earning report. A second set of cuts... — read more
ViacomCBS Cuts Diversity Staff Amid Consolidation
https://variety.com/2020/tv/news/cbs-diversity-1203493784/ According to sources, five members of CBS’ nine-person corporate diversity team have been let go or have been told that their positions are likely to be eliminated. Among those affected... — read more
Rumor has it that ViacomCBS has purchased the HBO broadcast center on Long Island
I know CBS was interested in purchasing the facility even before the merger. I’m hearing that it’s a done deal and they bought it. Anyone else hear that? What do you think that means? Viacom already had one a few blocks away.
Lay Off
Lay offs will affect all lines of business, monumental attempt to produce a clearly understood revenue stream - massive changes coming to all groups. Hope we can hold on to the talent, we have precious months to get it all sorted. Layoffs will be the... — read more
CBS Studio Center
I wonder how long until this place sells also.