Topics regarding layoffs at Paramount Global

Topics regarding layoffs at Paramount Global

Sumner Redstone

https://www.cnbc.com/2020/08/12/sumner-redstone.html No one is going to shed a tear for Sumner?

I'm Glad I Left CBS

Used to be my favorite company but now I realize in the end they completely trashed it. Thanks Sheri.

SpongeBob Live Aug 11 2020

Alright boys - It's that time again. It's the Wednesday before earnings and we have a Bob live next week. Do we expect the stock to pop with the word of another round? Do we think it's us peanuts getting laid off or another round of upper cuts.

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| 1233 views | | 1 reply (August 5, 2020)
Post ID: @OP+16ilSDYc

Severence

Does anyone know what the severence package is?

Staff Conversions Frozen?

That appears to be the word from higher up - staff conversions continue to be frozen, though it doesn't appear to be enforced on every team for some reason.

Operations Center

So it seems the purchase of the old HBO Operations Center on Long Island is happening. Showtime, MTV Networks/Viacom as well as CBS will be heading there to be under one roof. Wonder if they will put other positions there to save $ on NYC rent and... — read more 

Bonuses this year?

Are employees still getting bonuses this year with all this craziness? If so, when does CBS typically get their bonus since legacy Viacom is on their schedule now? Around the holidays or in Jan? Thank you

Are people able to find new jobs?

Those laid off in the last round, any luck finding a new job? I don't see any companies hiring right now so I'm extra nervous about possibly being laid off. Can anybody tell me if it really is as bad out there as I'm imagining or are there available... — read more 

1515 and 345 personal belongings

I received notice that they have begun packing personal belongings at 1515 and 345 Hudson. Based on their emails and lack of communication post layoffs - anyone else worried their belongings will be misplaced or broken when they ~eventually~ receive... — read more 

Misclassification of Employees

Everyone who is/was a full-time freelancer should report it to the department of labor. Not giving employee benefits after years of employment isn’t just wrong, it’s illegal... especially since the majority of these full-time workers were canned at... — read more 

Wise strategy or no?

YouTube TV launched eight ViacomCBS channels today: BET, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, TV Land and VH1. They jacked up the price 30%, making it $65 per month.

Paramount

With Spongebob going to VOD, are there layoffs looming?

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| 720 views | | no replies yet
Post ID: @OP+15BsekcQ

Layoffs likely over for 2020?

Bob mentioned at the Credit Suisse talk that ViaCBS exceeded the target for cost savings in 2020. Does that mean layoffs are over for the year at least? Doesn't mean we're in the clear next year at all.

GREAT PR MOVE, BOB

Release how today is black out Tuesday. How we are supporting. Change our out of office messages in support of black out tuesday. Yet it’s fake, we are all still working.

CBS Human Resources

Please cut staff at HR, they have so many of them at Studio Center it's a big joke and they don't do anything in the first place either other than shuffling papers around. If you are going to cut anyone cut them first.

Do Better, Bob

Most of the people laid off back in April still haven’t received unemployment. That’s almost 6 weeks with no income. The system is broken, and the “COVID-19 relief fund” was just a businessman’s tax write off. The Actor’s Fund had qualifiers that... — read more 

Who else thinks this number is too low?

The number being circulated around the media is 450 laid off since January. Judging by what we see and what we've been reading here, doesn't that number sound significantly lower than it should actually be? It looks to me like they are trying to... — read more 

LINK TO California WARN list

Here you can find the CBS Studios Inc & ViacomCBS Inc.: https://www.edd.ca.gov/jobs_and_training/layoff_services_warn.htm The direct link to the excel is here: https://www.edd.ca.gov/jobs_and_training/warn/WARN_Report.xlsx

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