Viacom Inc. Layoffs

Topics regarding layoffs at Viacom Inc.

There will be more of these layoffs

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

This week at Nick

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

Week of 1/7??

Is something happening next week??? Feels like a wipeout is coming

Nickeleodeon

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

There is another way

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
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Nick Layoffs

Two people were let go in CP this week. Do we know if this is going to continue before Christmas?

95% Individual Multiplier

Anybody else hearing that Chris McCarthy mandated 95% individual multiplier for most of staff bonuses with only Director and above receiving 100%?

I finally got the call, walked in the office...

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

Viacom Layoffs 2019

This thread is for info about potential Viacom Layoffs in 2019 or any other relevant information?

News about Velocity?

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
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Kevin Kay Out

The man who greenlit Spongebob gets shown the door. Who are the other "senior-level colleagues" Bob mentioned will be leaving?

How does severance "offset" payment work?

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

Definitely in the "stealth layoff" mode

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 last week

Three designers in the nickelodeon digital department were let go last week.

Demystify the negotiations of severance packages

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

Stealthy layoffs, a few at a time?

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

Viacom severance

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

The new role of EVP of production-useful or not?

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

Performance Reviews

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

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