Is it possible? Any chance they will ask for volunteers?
Joe Exits
https://www.msn.com/en-us/entertainment/news/cbs-chief-joe-ianniello-exits-early-replaced-by-george-cheeks/ar-BBZwDLD
Layoffs at Viacom to continue in April
Layoffs will pick up in April. The state of New York requires employers to notify it when it plans to layoff more than 250 people. ViacomCBS notified the state of New York that it plans to layoff more than 250 people. Check the video. ViacomCBS news... — read more
Quiet here?
Is it just me or has comments and traffic here been down a lot lately
Looks like they are planning on selling the CBS broadcast building.
https://www.google.com/amp/s/www.globest.com/2020/01/23/viacomcbs-launches-broadcast-center-sale-plots-staff-consolidation/%3famp=1 Any thoughts?
Soon they will come for all of us...
https://variety.com/2020/tv/news/amy-doyle-leave-general-manager-mtv-vh1-1203474123/
Here we go again
https://variety.com/2020/tv/news/amy-doyle-leave-general-manager-mtv-vh1-1203474123/
Sell Sell Sell
It was first TVC, then possibly Blackrock. What's next?
1/14/2020
https://variety.com/2020/tv/news/nbcuniversal-content-studios-george-cheeks-steps-down-1203467398/amp
Layoffs week of 1/13 or 1/21?
Meetings and announcements will be happening...layoffs too?
The new year.
All has been quite. When do you think the purge will begin?
Layoffs Begin With a Trickle
Will it turn into a flood? https://www.mediapost.com/publications/article/344436/viacomcbs-begins-layoffs-starting-small.html
CBS headquarters being sold. Room being made at 1515. Much more than the projected 2,000 heads are going to roll.
https://www.hollywoodreporter.com/news/cbs-black-rock-new-york-headquarters-be-sold-1260942
2000+ layoffs
http://www.forbes.com/sites/jonathanberr/2019/11/26/here-is-everything-you-need-to-know-about-the-viacom-cbs-merger/ According to this article they are looking at 2000 job loss. No word on when.
Survivor
Anyone else expecting to come into work Dec 5 with a ViacomCBS branded Buff in their desk?
Must be nice
https://nypost.com/2019/11/11/cbs-executive-to-receive-100-million-package/
Synergy
https://variety.com/2019/tv/news/viacomcbs-exec-shuffle-500-million-synergies-1203400921/ “But it is just the place-setting for the $500 million in synergy savings that ViacomCBS chief Bob Bakish has promised to deliver over the next 12-24... — read more
Kent Alterman out...it begins...
https://www.thewrap.com/kent-alterman-out-at-comedy-centralamid-viacom-cbs-shakeup/
David Kline and Sara Levy out, starting to look more like CBS than Viacom
I mean it was time for some fresh perspective anyway and I am not surprised by Kline but I have to say I AM surprised Levy is out. I hope the good people that are left on the ground flourish with these changes. What can I say, I'm an optimist.
CBS Folks
Most of the comments seemingly come from Viacom employees. Are there any CBS perspectives?
Merger to complete in beginning of December
With the merger to be completed soon will there be lay-offs prior to the holidays?
Why so quiet?
No activity anywhere? Really?
s4 filed
https://variety.com/2019/biz/news/cbs-viacom-merger-details-nasdaq-1203373930/
Layoff timing
Does anyone have an idea of when merger-related layoffs would begin? Now until the end of the year would be hard with the holidays coming up.
Viacom stip
With the merger anticipated to close by/at the end of the year, does anyone have an idea if/how that would impact stip?
Consultants
Anyone have any dealings with them?
Vanity Fair article
https://www.vanityfair.com/news/2019/09/cbs-viacom-marriage-concerns-about-synergies-and-size
Yes, There Will Be Lots of Layoffs Coming Soon
The integration process related to the merger of Viacom and CBS will be managed inside each organization by Viacom Chief Transformation Officer Jose Tolosa and CBS EVP, Strategic Planning and Development Gautam Ranji. In addition, the companies... — read more
Rise of the TMNT cancelled
The current TMNT series at Nick was cancelled because the "toys weren't selling." Crew soon to be laid off.
Viacom Promotion Freezes
No promotions on the Viacom side aside from really high up executives who are replacing recent terminations- anyone know if promotions will happen before December? I imagine they will lay off 75% of the company before they resume typical business... — read more
Unions
Correct me if I’m wrong but isn’t many (perhaps I’m over stating) in CBS in a union. If so how will this effect union members? Is it a positive or negative?
Fear, fear
Employees fear layoffs: https://nypost.com/2019/08/13/employees-fear-layoffs-after-cbs-and-viacom-merger/
ViacomCBS CEO Bob Bakish's Pay to Rise to $31M After Merger
Bob Bakish's big payday. Bakish, the CEO of Viacom, will see his compensation rise by more than 50 percent to $31 million once he becomes CEO of the combined ViacomCBS. In an SEC filing Monday evening, Viacom and CBS detailed the compensation plans... — read more
WSJ CFO article
https://www.wsj.com/articles/cbs-finance-chief-faces-tough-job-merging-with-viacom-11565991268
I really wonder where the "$500 million in Cost Savings" will come from?
They provided a target of $500 million in cost savings from merging.... I really wonder where the "$500 million in Cost Savings" will come from? On a call with Wall Street analysts later in the day, Bakish said the cost savings target does not... — read more