We just lost some of the best people on our team, and it finally hit me that no matter how hard you work or how good you are, the people at the top still see you as replaceable. From now on, I’m done putting work before my family just to feel secure... — read more
What Was the Criteria for Layoffs?
Over the past year, I’ve watched some of the most hardworking and impactful people on my team be let go. At first, I didn’t understand why morale across the organization felt so low... but now I do (sigh) It’s hard to stay motivated when it feels... — read more
As long as there's severance, I'm good
I can handle being laid off. What would really break me is being PIPed and then fired, which is exactly how my old company got rid of people to save money. That’s the reason I left. After having that kind of threat hanging over me for years, a layoff... — read more
Can someone in the actual know provide information on when the next round of 1,000 layoffs are?
New Paramount Skydance Senior Management (DE/JS) made a big stink of saying that they want to be one and done. The next thing we know this has now turned into another round of 1,000 layoffs. Maybe the next cycle is a focus on International, maybe... — read more
Corp Changes
Does anyone know what changes we can expect come January? PTO, insurance, 401k match? When the remaining 1000 layoffs will happen?
Still not able to relax
I thought I'd feel great this weekend, make up for lost sleep. I was very much wrong. I still feel like cr-p, I still can't relax, and I still have trouble sleeping. I think this whole thing has been hanging over our heads for so long that it'll take... — read more
People who are left, how are we feeling?
How is morale at the office? My team has lost so many people this year it feels strange to go into the office and have basically no one around. How is everyone doing?
Badge Swipes Question
Are badge swipes one of variables used for layoffs?
For those affected by the layoffs who received an extended end date, is there a possibility that the date could be moved up?
First off I want to say it’s been great working with everyone here. These past 5 years have certainly blew by with all the ups and downs and I couldn’t have asked for a better team. I was part of this round of layoffs but will be staying until early... — read more
Survivors guilt
I’ve been here a few years now and while it has not always been great working at this place, I have grown close to my coworkers. Tomorrow is going to be an awful day. They seem to be okay with it as we have known a long time this was going to happen... — read more
Ellison has two years. Max
Judging by the market reaction to David Ellison's layoffs, his plan for Paramount alongside his lack of CEO experience, poor, risky decision making in the past and letting one of the best content creators walk into Universals arms, I think he has two... — read more
Lawyer?
I got notified yesterday... should i talk to a lawyer first or just sign the papers?? what kind of lawyer do i even need for this. How do i know if what they offer is fair or if theyre trynna lowball me. can i get more money or benefits if i wait... — read more
Lifer
I was a "lifer" (almost thirty years) who was severed September 2024, and all the wind had left my sails in the turmoil throughout the year or so previous to that. In all my time there, there had never been a worse problem with either leadership... — read more
Is anyone else still waiting on their final paperwork to sign?
Is anyone else still waiting on their final paperwork to sign?
Being laid off has been a horrible experience
I’ve lost jobs before, but this time it felt particularly offensive and infuriating. I was dedicated, consistently a top performer, and I genuinely liked what I did. I was also lucky to have a great team. For the company to throw away valuable... — read more
CBS Future
CBS did incur layoffs very few in sports many in news and some in CBS E even union jobs for what's it's worth - and HR here can absolutely correct - management could be gaslighting us to calm down were told no more planned layoffs this year no... — read more
Not going to lie, part of me’s disappointed to still be here
With how things are going, getting severance might have been the better outcome.
PBEs laid off
For any of the PBEs that were laid off yesterday, can you share what your pay out is, if any at all? I believe staff is given severance and WARN if they qualify, but I am curious to know if non-renewed contracts are a potential loophole that they are... — read more
International
All the best to the valued colleagues who have been laid off. Good luck. It's International's turn now. Given that in many countries layoffs must be communicated a month in advance, when can we expect them? Any date? Thank you very much.
To my Paramount family
Just wanted to leave a note as this chapter at Paramount wraps up for me. What a wild ride it’s been an absolute privilege to share the chaos, creativity, and caffeine with this team. I’m so proud of what we built together, the impossible deadlines... — read more
I don't feel safe
Yes, I survived this round but I think we all know this is far from over. I'm supposed to feel relief, but here I am, already thinking about the next round and still unable to sleep. All I know is that I'll double my efforts to find something else... — read more
Second round of the RTO mandate
Thoughts?
USD, USND, CDM or whatever they call themselves
How have they not been impacted? The dead weight there is next level. Starting with DD. Or did I miss the news?
There’s like 2 people left on my team
Lol what is happening
Layoffs and Gender: Is There a Pattern?
Hard not to notice — it feels like most of the layoffs are hitting women. Or is that just me?
STIP bonus eligibility / warn notice
Some people are eligible for the annual bonus and others aren’t. Does anyone know why? As for the Warn notice, aren’t they supposed to pay extra for this?
Confused about severance payout
Please be kind I feel d-mb for not quite understanding this. So Warn act gives me 13 weeks till Jan 30th but where does severance come into play? Does it start right after the 30th? If it’s 2 weeks for every year I should be getting 8 weeks. And the... — read more
Dedicated to everyone who was laid off
hope this song helps a little: https://www.youtube.com/watch?v=mj1dd0Kcq8A
Q for all that left Paramount: is your mental health and overall health better now?
How long was the recovery time? Tips? What worked well?
Last day today or Friday?
People who are being laid off, is your last day today or Friday?
Media Coverage So Far
#1 Title: Paramount Layoffs Begin: David Ellison Tells Staff Restructuring Required to Address “Evolving Priorities” URL:... — read more
Nvidia just hit 5T$ marketcap
This is just to put it in the perspective. We are a rounding error in this economy.
Department Targets for future rounds
Does anyone know what the targets were for this round and what they will be for future rounds? Do we expect more groups to be cut more or wait for RTO Phase 2 happens also to see who leaves then
Today's RIFs are completed
The EVP sent out an email stating that the notifications have been delivered. So if you did not hear anything, you are safe!
Have people been informed about severance yet?
If you have, please share what the package looks like, if that’s okay with you.
December 2nd - Round Two
Now, people are talking about 12/2. I've asked my director and she's saying it is not happening, we are all done - what are your thoughts?