Thread regarding Viacom Inc. layoffs

“it isn’t August 8 we’re concerned about; it’s Aug. 9,”

Interesting article here:

The section that struck me most was this because while it suggests that they still need to figure out upper level management like Wade Davis, it calls out the redundancy in administrative and back office which to a degree is everyone else:

In addition to Davis, the management plan for several business units is still coming into focus. A different corporate source tells Deadline that “it isn’t August 8 we’re concerned about; it’s Aug. 9,” when the two companies could effectively become one and the chemistry experiment begins.

Analysts have estimated the combined entity could realize about $500 million in costs synergies. Areas that are apt to see the most cuts will be in the administrative and back-office areas of the businesses, given that the day-to-day operations of the two companies are largely complementary.

| 2100 views | | 5 replies (last )
Post ID: @OP+10ouwdAl

5 replies (most recent on top)

Don’t post with your phone.
Why: “phone http headers could include your phone number”

Post ID: @9xqj+10ouwdAl

trust no one around you. Your manager will NOT take the hit for the wonderful job you have done.
Dont talk negative , you have NO friends right now.
they ARE LOOKING AT NUMBERS! there will be JOB loss as reported.
no one is obsolete no matter if you are the only one , you are just a VIN number.
Anyone with 15 years plus on the JOB is more defensive, be careful here.
20 years plus will lie and deceive, To stay PUT.
Sorry to say this the "older" the person the worst at trying to keep that JOB.
Be careful , people will deceive you.
Women are safer than men in certain categories.

Post ID: @9ldp+10ouwdAl

Watch that movies “contact “ 😉

Post ID: @1gys+10ouwdAl

Where do you think the cuts will come from? From Long Island that is?

Post ID: @1gzv+10ouwdAl

Well there’s lots of FAT in Long Island.😂

Post ID: @xjk+10ouwdAl

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