Skydance needs to set CBS free when the merger is complete. Moonves fought so hard to keep CBS on its own and was completely sandbagged by Shari. He clearly knew Viacom was a mess and it didnt take long for the common folk to figure that out... — read more 

I'm hoping to be let go so that I can get on with my life and perhaps work in a different field where I'm not repeatedly kicked in the ribs like an abused dog and subjected to a workload not originally in my job description for the same wonderful... — read more 

With the economy in rough shape, it's smart to be cautious. Whatever you do, don't quit until you're certain you’ve locked down a new gig. Make sure to do your homework: read up on the company, check out employee reviews, and ask plenty of questions... — read more 

I know Liza is sweating trying to figure out which journalist she can manipulate into taking a story...

Beside the fact that we have layoffs in phases, which definitely triggered growing tension and anxiety, they are also being conducted in disorderly fashion. Just when you hear that one phase is over, and you have a sigh of relief thinking you are... — read more 

In this and every subsequent layoff, the older you are the higher your chance of being let go. Some younger employees will be added to the mix to avoid being accused of age discrimination, but let's be real, they want to get rid of everybody who... — read more 

Is there any chance of conversion after that? Is there a chance of Paramount backtracking the extension and laying off those who got extended anyway?

These layoffs have been good for nothing but becoming a catalyst to show that this company has always been full of favoritism, nepotism, culture of fear and arrogance at the top. Veterans know this. Newbies are getting to know, and I assume will come... — read more 

I heard the chatter about some more teams being impacted today and next week, is someone able to confirm this?

Any other areas?

https://www.thelayoff.com/post/@2oim+1ul6CsEJ

Curious if that is useful in reviewing the paperwork and negotiating anything.

It's hilarious that last week they rescheduled planning until after the planned layoffs. At least we don't have to plan for work we'll never do

Heard that some bad things will happen this or next week impacting FTEs.

The bad thing is that you then find out that there are not so many great opportunities out there. I’m clueless as to what to do if I get axed. I guess a change of career is on the table.

Larry Ellison’s has been a major GOP donor, funnelling significant amounts into super PACs like Opportunity Matters. To give you a sense of the scale, Ellison has reportedly donated $20 million to Opportunity Matters this cycle alone, which is a... — read more 

Shocker. I guess that Caribbean house reno isn't going to finance itself. https://finance.yahoo.com/news/paramount-redstone-reap-180-million-215123916.html

No matter what happens today or in the next few weeks/months, your plan should be to leave as soon as possible. Those who have been paying attention know that there's no future here. It's much better and safer to leave on your own terms than wait to... — read more 

After working here for over 20 years, my passion for this company has been completely destroyed by the toxic, bully, and humiliating environment created by this BS leadership team. I’ve never encountered such bullies who are so lacking in experience... — read more 

Chris McCarthy and his team of senior executives have created a hostile workplace at Paramount Global and it has to stop! Under McCarthy’s leadership, Paramount has devolved into a culture of fear, toxicity, chaos, gaslighting, wasteful spending... — read more 

What's your backup plan if you are laid off? Retire? Are you already looking at prospective new positions in other companies with the same role? Are you looking at a career shift? I'm considering becoming a janitor, grocery stocker, or dance at the... — read more 

People are, understandably, on edge. If any of you are overly tense and anxious, please try to control it. Rather reach out to colleagues and talk with them then walk around radiating all that bad. Be good to each other, instead of unburdening all... — read more 

Does anyone know how long your health insurance lasts after being let go?

I will be one week short of completing two years on Sep end . What happens to my unvested 401k ? Will they vest it if they layoff from their side ?

Either, direct numbers, or, the main number (212) 846-8000? When I call, any number, there is one ring and then it disconnects. Or, there is an error message, “cannot complete this call”, or “this number has calling restrictions”. I tried from... — read more 

I have heard rumors around in different teams that some people have been asked to join meetings with their managers and HR, not sure if this is true.

Unrelated question - but who manages this site ? And are comments really anonymous?

Was anything confirmed yet about the coming phase? I'm a nervous wreck, and can’t wait for all this to be over.

I am trying to see how many Paramount employees on this forum. Could you guys upvote this so we have a better idea?

I noticed a post on the Pluto thread that they were notified today that each team would lose a few folks ; wondering any other newer news ? division and department name if you feel like you are able to

https://www.reddit.com/r/ParamountGlobalLayoff/comments/1f4dm7o/hi_from_the_new_york_times/ "If you have an interesting story to tell, or you just want to talk about your company with someone who's interested, please do not hesitate to give me a... — read more 

It seems like the names of FTEs that will be let go have already been created and shared with HR. Have any of you guys had any luck hearing from your managers? Would they already know?

I initially thought that doing layoffs through organized phases was a good idea. Not so much anymore. I wish now they did everything in one go. Going for weeks and not knowing if you will lose the job does a real number on morale and focus, and most... — read more 

Any rumors or updates on Finance team? Which area? Network or west coast or east coast or GBS ( global business services)?

Does anyone know if Paramount Advertising will be affected in the upcoming layoffs?

anyone want to share what they've heard?