Topics regarding layoffs at Paramount Global

Topics regarding layoffs at Paramount Global

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?

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 

MTVE Layoffs

How many at MTV Entertainment will be getting the axe in June? Has anybody heard anything?

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 

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?

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| 2350 views | | 10 replies (last May 6, 2025)
Post ID: @OP+1jsr95rqh

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 

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| 2600 views | | 12 replies (last May 23, 2025)
Post ID: @OP+1jsqf1cg8

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

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| 960 views | | 5 replies (last April 10, 2025)
Post ID: @OP+1jref485w

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?

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 

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 

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