How did Viacom become the weakest of the mass media companies? We've been floundering for years... With the merger looking like a non-possibility, is there really any realistic hope of a "comeback"? Is it more likely that Viacom will simply be bought... read more
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Topics regarding layoffs at Viacom Inc.
I honestly dont think hr depts communicate between hiring and layoff and (re)hiring. I have seen numerous people laid off with significant severence, only to be hired back after the payout is over. It's odd.
I was hired by Viacom less than six months ago and two weeks ago I was laid off. At the time I had two offers, and I decided to go with Viacom because it seemed to be the "safer" option. Boy, what an id--t I've been. Now can somebody please explain... read more
I am hearing that there will be more cuts in MTS, specifically in software engineering. I have only heard this from one source, has anyone else heard this information?
It's pretty common knowledge that the Amsterdam office will be closing, there will be some people still working there but they will likely end up at a much smaller office or whatever the equivalent of We Work is in Amsterdam.
The ad sales team on the 48th floor in the NY office was just let go
They're laying off the entire office.... Roughly 80 people and 20 are staying. Jobs moving to Hungary.
What's your prediction regarding the upcoming layoffs?
Honestly the layoffs have not really stopped for years now. Everyday I hear of another handful of folks let go. The larger ones are slated for late July/ early August. This time around, big day layoff dates have not been leaked. Like I said though... read more
Any ideas which teams will get impacted next? Are they just targeting full time employees? Or are they targeting part time and contractors as well? You don’t have to tell me full details, just name the teams
Because all the people that knew what was happening got laid off? Where are the specific dates for the July or August round?
Viacom has already reduced the creative and content staff, as the production of re-runs and single digit rated shows don’t require (talented) staff. Bob must like re-runs, and there is a faint rumor Viacom may be rebranding as Rerun.com. Are there... read more
I can confirm there will be a huge round in July or early August. I can't say which departments it would hit, because it would give away my identity. You don't have to worry about a thing if you have a good relationship with your manager and/or have... read more
I never thought I would see Cyma out the door but it looks like Sarah Levy wants it all and wants only her people in positions of power despite the fact that Cyma made Nick what it is today which is to say, one of our only profitable networks.
Two people I know just got laid off (in MTS) not sure how many more and some are being told they will be laid off in September. It's really awful here.
https://www.recode.net/2018/5/29/17405580/shari-redstone-endgame-cbs-viacom-complaint-merger-sale-verizon Now what? Would they still be interested in buying both companies separately or is Viacom going to be sold for parts.
Barring that, can you ask for a package? I've been here a while, long enough that a package would lead to a nice summer for me and if I am on the list, I would like to wait it out. If I'm not on the list then I'll start my job search in earnest or... read more
Is there any more info on the next round of layoffs? Everybody seems to be in an agreement that more layoffs are coming but nobody is offering any details on them. Has there been any indication on when and where they will be taking place? Or is it... read more
I loved working here when I first started, I worked on cool projects with super smart people, it was the first season of Jersey Shore and numbers were off the charts. Now it's like a pale shadow of what it used to be, half the smart people are gone... read more
"Team, As you have likely heard by now, on Monday CBS and its Special Committee filed a lawsuit against National Amusements, Inc -- its controlling shareholder, and Viacom’s, too. While Viacom isn’t named as a party in the lawsuit, it obviously... read more
Rumor has it, were in for more rounds every day this week. But, has anyone heard or seen anything today? Its quiet in the Hollywood office so far...
I can confirm at least 12 of these jobs are being moved to non US regions because of cheaper labor. These jobs aren't being cut nor are teams getting smaller... they're just moving.
Everywhere I look, the number of those who were laid off yesterday is reported at around 100. That can't be right, can it? We know how many departments and locations were hit, and none of them were only one person. Is Viacom trying to hide the actual... read more
Am I the only one having trouble sleeping ahead of today? I realize most of the people said yesterday was it and there will be no more layoffs at Viacom for the rest of the week, but regardless here I am in full panic mode. I guess I won't believe it... read more
Variety: 100 Laid Off by Viacom http://variety.com/2018/biz/news/viacom-layoffs-100-positions-1202811812/ Hollywood Reporter - Viacom Chops 100 https://www.hollywoodreporter.com/news/viacom-chops-100-jobs-cost-cutting-move-1112204 Deadline - Viacom... read more
Had a few folks let go. A couple in HR. I think it was two in CMT as well - not sure, might have been bigger.
This was circulated not that long ago: Team, I know there’s been a lot of news in the past week – over the last year, in fact – about change (or potential change) in this company. I think it’s important to remember that so much of this change, while... read more
She says it's all over, no spill over into Wed and Thur as some folks were predicting. I really hope she knows what she's talking about but she sounded fairly confident. Typically she shares nothing, not sure what changed things this time - maybe... read more
Can we expect more layoffs tomorrow or will today be it? Today has been stressful enough that it would be nice to know that I can actually relax a bit at the end of the day. What were previous rounds like, anybody remembers? All in one day or spread... read more
Haven't heard anything in a few..
It seems to me that once again we get to pay the price for the fact that other countries have better legal protection for workers than we do. From what I'm seeing only US employees are being affected by this round of layoffs and everybody else is... read more
Are there any indications that there is some age discrimination happening in this round of layoffs?
I know the last thing people who have been laid off want to do now is come here and answer our questions, but in case somebody is here who knows the answer I still have to ask: what kind of severance are we talking about in this round? There was talk... read more
how are layoffs done at viacom? is there a phone call? are you called into a meeting with your manager? they simply come to your desk and walk you out? do you get a chance to get your stuff? i'm sitting here and stressing out more than is good for my... read more
Good people are being shown the door today in droves, and yet the company has dozens if not hundreds of job openings right now. There are 79 open positions in New York alone!! How in the world is this okay? And before somebody says it's different... read more
It has started... Also, anybody thinks that the lawsuit timing is awfully convenient?
It’s happening already. 3 people I know of so far.
Any word on if we should all be preparing for the worst tomorrow? Seems awfully quiet for something big to be going on.