I don't understand how some continue to spend frivolously despite budget cuts—under GC on marketing side.
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?
Just to check once more
This week is safe, right? Nothing starts before next week?
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
Just check the WARN notices - they provide much info
Including dates, locations and numbers of employees
Paramount ousts CBS News CEO Wendy McMahon amid divide with leadership
CBS News Chief Executive Officer Wendy McMahon announced she is stepping down. It’s the latest twist in a growing battle of wills between the company’s news division and Paramount Global controlling shareholder Shari Redstone. There have been... — read more
Will there ever be anything but layoffs again?
I honestly regret not being let go a long time ago. To think that I was actually grateful to be spared during that never-ending round of cuts, a masterclass in drawn-out suspense…
MTVE Layoffs
How many at MTV Entertainment will be getting the axe in June? Has anybody heard anything?
Any new information about the upcoming layoffs?
There has been speculation about which divisions might be affected, and it seems that most people agree we may see cuts across the board.
More news about major round of layoffs this summer
CBS News quietly slashed three high-level positions ahead of a major round of layoffs across parent company Paramount Global that is expected to kick off this summer, The Post has... — read more
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
This place is the textbook definition of a toxic workplace
The culture is rotten to the core. Leadership thrives on dysfunction, morale is nonexistent, and good employees get used and abused just to be thrown out on their butts. If you're thinking about working here, dig deep before accepting anything. Talk... — 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?
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
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
I’ve lost any faith in things ever getting better
The waves of layoffs have only made a bad situation worse. We’re now even more disorganized; everything feels chaotic. Many of us have been left waiting—sometimes for months—to learn our fate, which has been deeply demoralizing. I’ve found myself... — read more
Every new merger, every new reorg makes things worse
Working here feels like being stuck in a never-ending corporate reboot: all hype, no direction. The company’s so massive and disjointed you’ll waste half your time just trying to figure out who’s actually calling the shots. Leadership keeps chasing... — read more
I hope the lawsuit is resolved quickly
We’ll have a clearer idea of what’s ahead - what the payout will be, and whether the merger will actually go through. Both will shape the extent of the likely cuts. I mean, it’s not like we’ve had layoffs recently or anything… — read more
Trump & PARA agree to mediator
Trump & PARA going to mediator - hold onto your bootstraps - Trump may not get $20 Billion but this will cost hundreds of jobs or at least a settlement will be an excuse to cut hundreds of jobs
The Pep Boys strike again
https://nypost.com/2025/03/20/media/cbs-mornings-ditches-luxe-times-square-studio-for-dingy-former-home-its-all-about-saving-money/
Nashville Office
We don't see much in this forum regarding the Nashville office, which houses small teams for Finance, CMT, and CBS. Most staff are hybrid. The November and December layoffs impacted the Nashville office staff to an extreme extent, and now... — read more
New Kitchen
They Fired the kitchen staff that has been there for almost 40 years, and replaced them with these chain restaurants. Everything in the new cafeteria is so expensive now!!!
Streaming convergence is more proof...
That the leadership at this company is totally out to lunch. 12 months to combine Pluto and P+ platforms into one? On top of that we're going to have to move all infra to Oracle at the same time? While we can't hire and will be having layoffs because... — read more
Could 47's meritless lawsuit end Paramount?
We if could all lose our jobs because of 47? CBS should never settle. $20 Billion for a man who cannot regulate his emotions? No way. CBS better fight back with everything they've got. No news org should capitulate to this ridiculous lawsuit. And... — read more
Paramount Layoff 2025
This thread is for info about potential Paramount layoffs? Any chatter, news or rumors?
Do ceos/presidents deserve their salaries?
What makes them deserve so much more money than the rest of us?
More layoffs by EOY?
Are there supposed to be more layoffs by EOY and if so when?
Is this true? Next round
https://www.bestlawyers.com/article/paramount-global-class-action-lawsuit-new-york/6238 In a report released by Paramount, an additional 349 employees are due to face termination from the company between Dec. 23 and Dec. 31, 2024, raising the number... — read more
Next hill on this rollercoaster?
https://thedesk.net/2024/12/paramount-co-ceo-structure-to-end/
Months into layoffs - what’s your take?
None of it makes any sense to me. People who should be here are gone, people who should be gone are still here. What has been the point of all this? I’m so sorry for all of us who have been going through so much stress, anxiety, anticipation, worry... — read more