Especially those who simply can’t commute. I’ve been hearing all kinds of rumors, but nothing that sounds completely credible.
managers, what's your plan for dealing with this?
If I was an individual contributor it might be easier to focus on the work by day while preparing a job search at night. But I have direct reports looking to me for clarity, people who are worried and hoping for answers, raises, and promotions... — read more
When is the brunt of it going to happen?
Is it going to be this coming week?
Wfh tomorrow
Were you told it’s optional go work from home tomorrow? What does that mean?
How much savings you got? I got next to nothing :( :(
Seeing that the layoffs are coming, a lot of people will be impacted and will be forced to dig into them savings. How much do all of y'all have saved up? I've got next to nothing.
I’d have only one real regret if I’m laid off
My team. When I joined four years ago, I landed in the best team I’ve ever worked with in my entire career. Not only was there zero toxicity, which is rare enough, but people genuinely had each other’s backs. We weathered countless crises and... — read more
I hate having to wait
Knowing layoffs are coming is destroying me mentally. It’s Saturday and I can’t relax. My mind keeps spinning about what’s next. I just wish they would get it over with so we could either focus on work or start looking for something new if we are... — read more
Deadline & Variety now reporting 2.5k-3k cuts coming
https://deadline.com/2025/08/paramount-job-cuts-2-1236495593/
November layoffs
Great. https://nypost.com/2025/08/22/media/paramount-eyes-massive-round-of-job-cuts-in-early-november/
Any truth to 6k being a target?
This sounds a bit too much, but then again… 6k is 1/3. That’s the number. That gets the staffing to about 12k which is roughly half of what it was pre covid. That’s a huge reduction. With increasing output and content the goal is double the... — read more
I'm not that worried about layoffs
Severance takes care of that. What worries me is the new owner going full “let’s save as much money as possible” and PIPing people left and right, whether they deserve it or not. It wouldn’t be the first time something like that was done to cut... — read more
Anyone heard ~anything~ from new management?
It's been almost two weeks and our group has heard nothing beside the Ellison town hall. We're not even sure who we all technically report to now. Wondering if it's the same in other parts of the company.
Anxiety Builds at CBS News Over Potential Moves by Skydance
Staffers at the unit, now part of Paramount Skydance, are worried about the potential for a new round of layoffs, according to three people familiar with the news division, and are also curious about a possible new chapter for “CBS Evening News,”... — read more
Getting laid off is starting to feel like it might be a blessing
They’ve been piling more and more work on us with each passing month. Every layoff just makes things worse for those left behind. We’d carry the weight if it felt like it was building toward something. But it’s not. Or if it were just temporary. But... — read more
When will the layoffs happen?
I hate this period of not knowing so I am trying to get a sense of when these would happen. I know no one knows yet, but does anyone have any guesses or inside information?
Will layoffs be dragged out?
Is there a chance it'll all be done in a single day?
I'm preparing a way out
Even if I’m not laid off, I’m not staying. I don’t give a damn what they claim about this being a one time thing. I don’t trust them. Management has burned us too many times, so now I always expect the worst. The moment I find something better, I’m... — read more
Deadline: Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises
Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises; David Ellison Keeps Timeline Private For Now https://deadline.com/2025/08/paramount-layoffs-coming-merger-1236485915/
Literally the WORST Town Hall I've ever attended/heard...
Talk about not being able to read the room. Not surprisingly but clearly knew all the questions in advance. NOTHING about the exact timing of layoffs which they clearly know and have been preparing for over the past year. Instead, got to talk... — read more
TLDR of the town hall:
RTO in the future and more layoffs At least Ellison is somewhat nice about it but it’s coming lol
New Corporate Structure
Any one have any clue when they are going to start announcing the new structure and who is reporting into whom?
BET Department Mergers
Wanted to see if what was said in a previously thread is true. Is BET merging departments in the near future?
Let’s wrap up the layoffs quickly
Communicate the timeline clearly. Dragging this out would only prolong the anxiety and disruption in our lives. A process that stretches on for months, without any of us knowing if or when the axe will fall, is both a disservice and deeply... — read more
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.
Wednesday's Town Hall & Potential Layoff Dates -- Hoping They Are Honest and Tell Us The Date.
It's clear after all of last week's press events and what Ellison said during his CNBC interview that layoffs are coming. They also said that they are not going to do "death by 1000 cuts" like our former senior management did...meaning it is likely... — read more
MTVE?
Any news on what's happening with MTVE (other than what's been reported, which doesn't sound promising).
BET is getting sold ?!?!
Has anyone heard that BET is getting sold and they are doing another staff reduction before they sale ?
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.
Some people already being let go?
Is that true? On day 1?
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
Official- Paramount, A Skydance Corp
https://variety.com/2025/tv/news/paramount-skydance-deal-closes-1236477281/
A New Chapter
Let’s treat like today is the first day of school.
Day 1 - Tomorrow
New company, new leadership, new vision, new plans. Ready
Liza Burnett Fefferman Leaving As Head Of Communications
Bye! https://deadline.com/2025/08/liza-burnett-fefferman-leaving-communications-mtve-studios-1236480337/
Whole New Skydance - Paramount Management Team Announced This Morning...
https://deadline.com/2025/08/skydance-paramount-senior-leadership-team-1236479677/
Return to Office Full Time!?
Being told by management to prepare for a 5 days a week RTO policy. Anyone else hearing this?
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
BET Awards Getting Canceled
https://www.yahoo.com/entertainment/articles/everything-know-bet-awards-getting-071316483.html