ViacomCBS - CBS AND VIACOM TO COMBINE The combined company, ViacomCBS Inc., will have the assets, capabilities and scale to be one of the most important content producers and providers in the world. ViacomCBS Inc. will accelerate CBS and... — read more
Topics regarding layoffs at Viacom Inc.
Any predictions on when things are going down? How long before the merger is announced? Or do you think there's still a chance it'll fall through?
Team, This morning we reported our Q3 earnings, and I’m pleased to say we had another strong quarter. The results of our investments and execution show, yet again, that together we are fueling Viacom’s growth and evolution. Here are some of the... — read more
Viacom CEO Bob Bakish will be chief executive of the combined company with acting CBS chief executive Joe Ianniello second in command, overseeing the CBS brand. It is not clear if Ianniello would remain beyond the transition.
Interesting article here: https://deadline.com/2019/08/cbs-and-viacom-set-merged-management-structure-to-play-to-strongest-strengths-1202660178/ The section that struck me most was this because while it suggests that they still need to figure out... — read more
Not sure who else has been shown the door but people are still be escorted out of Nick.
long awaited announcement and management structure?
An executive assistant and a few other randoms. Not sure how many exactly
I heard Nick took some hits today? Any further information? What departments? Locations? Etc. Also any other nets affected?
They’re making small layoffs weekly across all areas of the company in preparation for the merger. Most departments are spread thin and making due. Will be more redundancies once they recombine. Bob is an operations guy and not a vision guy: look at... — read more
I'm done being a sitting duck and just waiting to be laid off every day. I've updated my resume, and I'm ready to start searching for an option to leave on my own. I'm just not sure where to start, to be honest. All the companies in our field seem to... — read more
any news? its too quiet — read more
Could the third time be the charm? Is the Apocalypse near? Who is getting axed harder, CBS or Viacom? — read more
1515 people say he is a lock for top job combining cbs and viacom the street has doubts thoughts on this who takes bob's job? — read more
I haven't heard anything credible in a while, nothing that I would post anyway but I have now heard from multiple, pretty well placed sources that they are looking to move quickly on the merger and have started planning large rounds of layoffs just... — read more
Any predictions on when or if this is gonna happen?
strangely quiet here calm before the storm ???? — read more
Is it just me, or has anybody else noticed we are losing some of our best employees in droves? What's going on? I know Viacom is not what it once was, but I honestly don't think situation is that bad to cause this kind of exodus among the most... — read more
I have not heard anything.
I know of about all the folks at CMT and maybe a dozen in MTS, they are certainly keep it more low profile but it's still happening.
How bad? who? anyone left? — read more
Been pretty quiet around here... has the head chopping ceased?
They’re doing layoffs in small amounts. I have to say that there were no big surprises for the coordinator to vp level layoffs that I’ve seen. Really just dead weight collecting a paycheck. Why keep people just based on tenure or personality, when... — read more
Lots of stuff going on at the top of the food chain at Nick. The latest, EVP Shelly Sumpter Gillyard out, her job rolled in to the responsiblities of a Viacom SVP. Also just hired a new SVP of Programing, dude from Disney. Hopefully this is more than... — read more
Earnings call is coming up right??
The entire crew got the ax today with zero warning. 1st season is supposedly in the can but still has no solid air date.
Is something happening next week??? Feels like a wipeout is coming
Any word on whether there will be more layoffs in January?
I'm actually surprised that there haven't been more layoffs at Nick, especially in Animation. They virtually have no shows. When I started 9 years ago there were more than 12 animated shows in production. Now there are only 3 or 4, at best. There has... — read more
I have to say, that one of the things that struck me about my new gig after I left Viacom was how hands on and knowledgeable all levels of my new org are. There are very few SVPS/EVPS and not an absurd amount of VPs but even at those levels people... — read more
https://variety.com/2018/biz/features/bob-bakish-viacom-turnaround-1203085842/amp/ "He doesn’t have to be a programmer to choose great creative executives. I give him a lot of credit for what he’s accomplished. Morale at the company has done a... — read more
Two people were let go in CP this week. Do we know if this is going to continue before Christmas?
Anybody else hearing that Chris McCarthy mandated 95% individual multiplier for most of staff bonuses with only Director and above receiving 100%?
The movie business played a crucial role in Viacom’s successful quarterly results. The movie business is on a role, but the analyst predicts a certain stagnation in growth, due to the fear of cord-cutting in the streaming business. I would like some... — read more
Layoffs in 2018 - how many lost their jobs, any idea? Which companies/divisions were hit the hardest?