Earnings call is coming up right??
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Topics regarding layoffs at Viacom Inc.
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?
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?