Forgive my ignorance... Lost some great PBEs in my department this week. We are very top heavy with executives who seem relatively unscathed with the layoffs so far. I’m trying to make sense of the below... 1) What did ViacomCBS make a $100M... — read more
Everyone affected this week...
There are good and decent people left behind who are thinking of you all. Good luck to everyone.
Chris Live - Layoffs 4/27
Updates from Chris McCarthy's live: "That process and time is coming to a close" The week of 4/27 seems to be a big layoff week.
Layoffs 4/14
So, no mention of the mass non-staff layoff yesterday?
And now this
https://www.forbes.com/sites/noahkirsch/2020/04/08/viacomcbs-downward-spiral-is-accelerating-as-talk-of-unraveling-grows/#1b4c5a817b09
So Long ViacomCBS
To a former employee of CBS and how they treated me like dirt, It's difficult for me not to be happy how low this company is going now:) https://www.latimes.com/entertainment-arts/business/story/2020-03-27/viacom-cbs-coronavirus
Disney is quietly laying people off, ViacomCBS following suit?
Disney is quietly laying people off during this crisis. Their managers have until April 17th to finger those who need to go. Anyone know if this is happening in our company?
Hollywood & TV celebrities, Sports Celebrities, Corporate CEOs --->Real monetary donations?
I'm a cleaning service technician that services this company and other studios, sports franchises and large businesses. I've seen many of these celebrities singing songs and doing challenges on Instagram and Youtube to give back to people during... — read more
Stock Performance: August 2000: $140, Feb 2009: $4, Feb 2014: $70, Apr 2017: $70, Mar 2020 $10
Feel free to comment...
Remote Lay Off
If they laid me off remotely, can I still get into the office to grab my stuff? (office is about to be locked down)
ViacomCBS and Corona Virus
As if things weren't already bad with this company and now this? Get ready for the stock to even fall more and more and then both companies to be bought for like 10 cents.
Layoffs during the wfh indefintely period
How will that work? Postpone layoffs? Over email? Is bad press a concern?
Layoffs still happening
COO of International Melody Tan and CFO of International Joel Krutz were let go. Both have been with company for over 15 years. Their assistants were also let go without warning.
WFH?
The entire city is WFH for two weeks yet ViacomCBS is only enforcing WFH for two DAYS after someone in the building is infected? Why not err on the side of caution? Layoffs?
10% Advertising Drop at NYT
This will be an industry wide trend, I am 100% sure there will be a double digit drop in advertising spend... https://www.axios.com/coronavirus-media-advertising-industries-30f5a229-4cb1-4b2b-8332-923026ecb830.html Coronavirus scare hits... — read more
ViacomCBS Future
https://www.msn.com/en-us/finance/companies/viacomcbs-ceo-says-company-willing-to-sell-simon-26-schuster/ar-BB10K51F While Netflix, Amazing, Hulu, and other companies are creating content that intrigues the audience and increases the company's... — read more
This Is How You Treat Your Employees?
https://deadline.com/2019/12/cbs-television-city-ex-employees-sue-network-facilitys-new-owner-over-lost-jobs-lack-of-buyout-offers-1202798768/
ViacomCBS dumping simon and schuster
Thoughts??
So long Judge Judy
Not a lay-off, but a big blow to CBS. Judge Judy’s last season was announced. This is a huge show - upwards of 9 million viewers a day.
CBS Studio Center Human Resources Division
Bob, Sheri, and management do yourself a favor and get rid of the top heavy Human Resources group you have in Studio City along with a handful of VP's that are more than the assistants that support them. Human Resource department hardly does anything... — read more
Warn List
https://www.labor.ny.gov/app/warn/details.asp?id=7110
Pop TV layoffs
https://deadline.com/2020/02/pop-tv-layoffs-following-move-viacomcbs-entertainment-youth-brands-group-1202870928/ https://variety.com/2020/tv/news/pop-tv-layoffs-viacomcbs-1203519256/
CBS Studio Center Studio City Layoffs
Hilary Groner Vice President MultiPlatform Operations at CBS Studio Center Studio City was laid off yesterday.
Friday February 28th
I did here of some residual layoffs today left over from Wednesday’s first of many rounds. To those in the crosshairs good luck and Godspeed.
Today thursday
Did anything happen today? Anyone effected?
CBS Studio Center
There are rumors going around CBS will be selling this studio as well.
ViacomCBS allows SENIOR employees to be LAID OFF by letting BUYOUT DEADLINE to EXPIRE to Collect Unemployment as well
A) viacomCBS offers SENIOR employees Buyouts B) the SENIOR workers refuse the Buyout and let other workers get Laid Off in Round #1 C) newer workers get Laid Off in Round #1 D) Senior workers lay low for several months E) Senior workers then let... — read more
Impact: special markets, digital, scheduling, rights & clearances, photo, program marketing, promotions, HR, acquisitions and creative
Showtime - More than 30 people of all levels across multiple depts. Heard about layoffs in special markets, digital, scheduling, rights & clearances, photo, program marketing, promotions, HR, acquisitions and creative. SVPs of digital, print creative... — read more
Thursday February 27
I doubt there will be anything prior to Bob Live. Perhaps after. If yesterday’s number is remotely accurate it’s not even close to being done.
How Low Can You Go
https://www.nasdaq.com/market-activity/stocks/viac
Variety and Hollywood Reporter Are Silent...
Anyone else covering this? Again, there are rumors it's really big but there is no coverage. Hmmm
Showtime Layoffs in Progress (2/26/2020)
It’s happening at Showtime today across multiple departments. Good luck all!
Bow Down To Your Queen
https://pmcvariety.files.wordpress.com/2017/04/shari-redstone-power-of-women.jpg?w=1000&h=563&crop=1
No layoffs at ad sales??
https://www.adweek.com/tv-video/jo-ann-ross-on-viacomcbs-ad-sales-and-upfront-strategy-and-why-shes-not-retiring/
Wednesday February 26th
According to rumors today is the day. At least one of the days. Any info yet? Remember you’re better than what they think. They screwed the company up not you. Good luck!