Viacom Inc. Layoffs

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Topics regarding layoffs at Viacom Inc.

Viacom missed out, now we are paying for it

It's a shame when anyone gets laid off. But after 15+ years I have seen how this company works. Sumner and his over-paid minions missed the boat BIG time over the years and we're all paying for it. Channels will either get sold or a big video or... read more
by | Post ID: @PNYI9MN
73 views | no replies

Viacom Layoffs 2018

I spent last 5years with our company and it'd be a real shame if they were to decide to lay people off from our offices in NYC.

Tech Ops

Three people from Studio Tech/Ops at 1515 received their walking papers last week.

"Our culture is back..."

Really Shari? You mean the culture that lays off valuable employees due to inept strategy and vision? The culture that is fat at the top with lots of bloated egos and nothing to back it up? Or is it the SVPs and EVPs who got where they are because... read more

Everywhere

NOC, Ad sales, velocity, traffic copy...layoffs are so frequent it's not even shocking anymore. 10 years or more at viacom and you are holding out for your package...

Next week

I heard more are happening Monday the 18th. Terrible for all affected, just hope the lousy HR dept. handles it with a little more decorum and grace than the other purges.
by | Post ID: @PfzVEGI
218 views | no replies

Layoffs - 20 employees let go

I found an article that says that the number of people who were laid off in this round is under 20. Is it just me, or does this number seem really low compared to what we have seen take place in the past few days?... read more

What about VIMN and international?

More bloodletting? What about Brexit? Why not handle everything out of the US given that no original productions are produced outside the US except for maybe South Africa.

Irrelevant!

Face it Viacom - your brands are NO LONGER RELEVANT and you have NO strategy!!! Dauman RUINED the company years ago!!

Wednesday layoffs?

Are there layoffs this Wed? Viacom is way too top heavy so I wouldn't be surprised. WAY too many SVPs and EVPs. Get rid of some HR and "talent acq", they're useless!!!

PBE conversions en masse?

Why were so many PBEs converted to staff this week? I havent seen 25-30 conversions at once ever.
by | Post ID: @OClpr1w
332 views | no replies

Netflix earnings call today

Nothing more to add: “Our long thesis remains fully intact,” Mahaney said. As cord-cutting continues, there will be a “dramatic secular shift” away from pay-TV services, which have some 1 billion subscribers today, to internet streaming TV. “Netflix... read more

remaining VH1

Basically got rid of most of the remaining VH1 staff from the previous leadership. This is what frightened leaders do at MTVN now. Wouldn't be surprised if they continue to combine the networks until only the barest of staff and yes peoples remain.
by | Post ID: @NWYIfhY
390 views | no replies

Layoffs are justified

Layoffs are justified. Productions have come to a screeching halt. Moreover, you have upper management and other associates just sitting around doing nothing other than having personal phone conversations, and surfing the internet all day long... read more
by | Post ID: @NWAuHlq
625 views | no replies

Are these layoffs?

While I don't want to see anyone lose their job hearing one or two people go every other week is not really layoffs. Everyone agrees the company needs help. Getting rid of upper management people responsible for the plight we are in sounds like good... read more

just do it already

everyone knows a big restructure is coming why wait? its killing morale and productivity just do it

Bob Bakish and Cost Cutting

It's a major event for employees, he's been known to move swiftly and he's a great proponent of cost cutting. 2017 will be painful and I do not see things turning around before late 2018 or early 2019. We need to wait and see how his tenure will be... read more

Viacom Layoffs 2017

Just focus on work, focus on work, work, workl, add value and make your best effort, knock it out of the park… I know that people are concerned but there is pretty much nothing major you can do about it - yes, I did hear about layoffs in NYC.

New layoffs to come?

I heard that there's another round of layoffs coming soon. Has anyone heard who's being affected?

Let them eat cake..

http://www.vanityfair.com/news/2016/06/viacom-exec-payday-philippe-dauman No wonder we are where we are
by | Post ID: @HPrreIK
710 views | no replies

Gettin' Ugly

http://www.usatoday.com/story/money/2016/05/27/report-viacom-ceo-board-members-could-replaced/85028148/

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