Layoffs in 2018 - how many lost their jobs, any idea? Which companies/divisions were hit the hardest?
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Topics regarding layoffs at Viacom Inc.
I knew it a couple of months before it happened. it didn't take a genius to figure it out. A few key things were shifted away from me with no good explanation as to why, I was consulted less on things that I would have been heavily involved in... read more
This thread is for info about potential Viacom Layoffs in 2019 or any other relevant information?
Anyone heard anything about changes for Velocity? Possible that Velocity / WhoSay / Awesomeness will merge into a single creative unit? Sean’s speech today to “not worry about which team will be working on what” has me thinking there could be some... read more
The man who greenlit Spongebob gets shown the door. Who are the other "senior-level colleagues" Bob mentioned will be leaving?
so, i had a lawyer look this over AND consulted with an ex-viacom legal employee (lawyer). technically they can revoke the severance with this clause if you notify them (unsure about how the amounts work if your new job pays less than what you are... read more
I was laid off and received severance payments where if I am earning salaries elsewhere during the severance payment period, my severance will be "offset" by my earnings. Does that mean if I earn $100 in salaries at another company, I will need to... read more
So I see three designers were let go and I also know of three engineers that were let go and they weren't fired, it was definitely layoffs because they all got packages. I think this is the way it's going to go for a while, death by a thousand cuts... read more
Three designers in the nickelodeon digital department were let go last week.
Advice I repeatedly hear is to “be sure to negotiate your severance”. But I imagine when you’re being told that you are getting let go, it’s probably too late to negotiate. Plus, your bargaining power has lessened since they no longer need you. I... read more
"Restructure" is a popular word these days
Three got let go today.
Is it just me, or is this the latest style of Viacom layoffs? Stealthy, just a few people at a time kind of thing? We used to have regular rounds of layoffs and then be safe until the next one, but now it seems we hear about another layoff of two or... read more
Anyone knows how exactly severance is calculated? There is a lot of confusion about it. Found this post in another thread, but some say it’s not accurate packages: NOT everyone gets the two part package Upper level titles get the 2 part package.The... read more
This board has been accurate for all of 2018. Last week did not go down the way people expected. More to come??
I don’t know if you noticed but Viacom has a new management position:Executive Vice President of Production. I’m usually against the piling up of expensive manager positions, but in this case I can say that we needed something like this. This... read more
I can’t believe that I’m going to say it, but for once I agree with Bob Bakish. The ship to the streaming business has sailed for us a long time ago and it would be unwise to try to get into it directly, now that Netflix is dominating, and a couple... read more
Anyone have info on the preschool team folding into Big Nick? There are a lot of rumors going around
Two people got laid off today at Paramount Network/TV Land in NYC. Has anyone heard of any other layoffs?
I know one person who just got laid off, not sure whether there will be more or this was just one person and they are using layoffs as an excuse. Sorry can't share department at this indivIduals request. Is anyone else seeing layoffs happen?
Nothing written this year...AAAAANNNDDD old reviews are basically being purged. WWWHHHHYYYY?? why no paper trail Is this clean up before a merger or sale
Don't know if this is a good thing or bad thing.
Man, stop telling people to ignore the negativity, it's pretty hard to ignore the negativity when my department has gotten CRUSHED in the last two rounds of layoffs. Great benefits and great bonus (and that is not a guarantee) mean nothing if you're... read more
Anyone hear of anything happening in September? LDW is coming up, which has made things oddly quiet, but almost too quiet. What departments would be affected by September's lay offs? any words....?
will the September layoffs be as big as the one in February?
Looks like AwesomenessTV staff is learning what's it like to be a part of Viacom from the get go. Nearly half of the employees are being laid of (around 100 people) before the end of the year. I'm really sorry for the folks losing their jobs, but... read more
Anything? Aside from awesomeness tv whats the big story Any chance restructure reorg will come up?
With the next quarterly earnings call coming up, has anyone heard of more layoffs happening this week?
Viacom is actively taking bids from contract companies for their broadcast component staff operators and technicians at the NOC in Hauppauge. They already did it for the IT component at 1515. Update resumes!
For those wondering why and if this acquisition was a good idea, here's a nice article that gives a pretty detailed overview of the situation: Why Viacom Bought Awesomeness on the Cheap... read more
People are saying an email was sent.....Why are they purging performance reviews next month?
I've been noticing a few sets of desks being cleaned out and sitting unoccupied. Not sure if those people have been fired or just moved. I've seen it on a few different floors and Im not sure what departments they are all in. Anyone heard anything... read more
Who cares about layoffs, worsening working conditions and nonexistent morale when we now own AwesomenessTV!!! Because that was the one priority we should have been focusing on and spending money on out of all of these other completely irrelevant... read more
I hear the cashiers in the Lodge are being laid off and replaced with some kind of self-checkout system. Supposed to happen at the beginning of September.
I'm not sure what those on top think they're doing, but I don't think they know themselves anymore. To say the future looks bleak at Viacom is an understatement. Our entire business strategy makes no sense (unless the goal is to go out of business -... read more
Budget presentations are almost here Any chance layoffs could happen before then? I could see this being touted as a cost saving measure
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