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2nd wave of layoffs today at Paramount
Today was Paramount's 2nd wave of layoffs. They keep us in the dark about who got axed as a fear tactic. Everyone is on pins and needles, no one trusts their manager anymore when they say we're safe for now.
Paramount Global To Cut 15% Of U.S.-Based Workforce, Co-CEO Chris McCarthy Confirms
Paramount Global Co-CEO Chris McCarthy confirmed the long-expected layoffs hitting the company, saying the media company plans to cut its U.S.-based workforce by about 15%. Speaking on the company’s second-quarter earnings call, the exec said... — read more
‘Entertainment Tonight’ to Lay Off 17 Online Staffers as Website Switches to Video-Heavy Focus (EXCLUSIVE)
“Entertainment Tonight” is letting go of a substantial portion of its online editorial team, Variety has learned. As part of a shift to a mostly video, around 17 staffers are expected to be impacted by the layoffs, which will take effect in September... — read more
Paramount Will Reportedly Be Laying Off Hundreds of Employees Soon
Paramount executives are considering cutting hundreds of jobs in February as the media company is at a crossroads. This comes as reports from The Wall Street Journal wanted that layoffs would be coming in early 2024, and now Deadline says that... — read more
If Zaslav gets his hands on us, we're screwed
I'll be spending Christmas praying that nothing comes out of these talks about a potential deal. I hope our regulators step in as well and block any potential acquisition. The man destroys everything he touches and is known for massive, massive cuts... — read more
Paramount Global Mulling 1,000-Plus Layoffs Amid Shari Redstone’s Talks to Sell Controlling Interest (Report)
Execs at the media conglomerate have discussed laying off more than 1,000 staffers in early 2024, as Paramount tries to rein in costs, the Wall Street Journal reported. As of the end of 2022, Paramount Global counted 24,500 full-time... — read more
S&S layoffs incoming
https://www.nytimes.com/2023/08/07/books/booksupdate/paramount-simon-and-schuster-kkr-sale.html
‘Entertainment Tonight’ Faces Layoffs
“Entertainment Tonight” is undergoing layoffs with the entertainment news show cutting less than 10% of its staff, Variety has learned. A staff-wide Zoom was held on Wednesday afternoon where employees learned of a “small restructuring of staff,”... — read more
MTV News to shut down as Paramount announces layoffs
Its parent company, Paramount Global, told staff Tuesday that layoffs would affect 25 percent of employees at Showtime, MTV Entertainment Studios and Paramount Media Networks, according to a memo cited by the Hollywood Reporter. The cuts will greatly... — read more
"From CNN to Paramount, Media Companies Cut Jobs as Pressures Mount"
https://www.wsj.com/articles/cnn-gannett-other-media-giants-resort-to-layoffs-ahead-of-potential-downturn https://deadline.com/2022/11/cbs-studios-paramount-tv-studios-layoffs-paramount-plus-originals-1235185002/
city in turmoil
Endeavor is the third major Hollywood firm to take such measures since coronavirus has stopped film and TV production, and social distancing has relegated the workforce to their homes. Paradigm has laid off close to 200 staffers, including... — read more
MTS - uh oh
about to be some serious stuff with MTS.
Paramount Network (again)...
Or should we post this under Viacom? Anyhow, about 20 got axed this week. Jan 2019... Link below...
Heard a rumor there were layoffs today
Heard a rumor there were layoffs today, is it true?
Viacom Layoff To Spill Into Paramount?
Any chance of the Viacom layoffs spilling into Paramount?
Layoffs
With the new regime, will there be layoffs?
Paramount Network
Is this for Paramount Network layoffs as well? If yes, what's going on? I hear job cuts and reorg - is this true? September 2017 is the date.
2015 Layoffs
Anything new? Any plans for 2015?