Let's see what Bob will do in 2021
Topics regarding layoffs at ViacomCBS
I was let go and wondering if any other departments were let go?
I hear that CBS employees were notified that there will be no increases this year. Viacom employees have been informed this will be the same for them when their merit increases are due on the first of the year. Has anyone heard anymore information on... — read more
News is starting to trickle in. Not sure if it's just a couple stragglers or if a new round is starting.
Are layoffs top down (manager followed by workers), bottom up (workers followed by managers), or random?
Will ViaCBS compensate for unused PTO if laid off? Personal, vacation, and sick days?
The Week Old Hollywood Finally, Actually Died The streaming services are in charge, and bringing a ruthless new culture with them. The New York Times / Ben Smith (Archived at http://archive.is/wcuxy ) Aug. 16, 2020, 8:43 p.m. ET For... — read more
3 big assets for sale
If anybody who recently got laid off would like to share insight into any red flags, the process, etc. it would be much appreciated. I know there are other posts specifically about severance, but I’d like to know additional info about the process in... — read more
Has anyone used this service provided by LHH? Worth it? It seems like a lot of time wasted to just get someone review my resume. Something tells me that's all it really is, whereas it bills itself as having access to "hidden jobs," whatever that is.
Have they moved into Studio city yet ? what about the price is right, has it moved into Studio City ?
Very eye opening about how this permalancer business model was set up
Very eye opening https://www.vanityfair.com/hollywood/2020/08/sumner-redstone-viacom-permalance-workers
Title says it all. I've been having trouble piecing this information together. Does anyone have a reasonable estimate of how many ViacomCBS workers have been laid off in total this year? I would figure it has to be at least a thousand at this point... — read more
https://www.cnbc.com/2020/08/12/sumner-redstone.html No one is going to shed a tear for Sumner?
any word on layoffs coming up ?
Used to be my favorite company but now I realize in the end they completely trashed it. Thanks Sheri.
Alright boys - It's that time again. It's the Wednesday before earnings and we have a Bob live next week. Do we expect the stock to pop with the word of another round? Do we think it's us peanuts getting laid off or another round of upper cuts.
Does anyone know what the severence package is?
Is there any 411 about any future rounds of layoffs? And what division?
its pretty quiet around here for 742 jobs going away by the end of the year
any idea on timeline ?
That appears to be the word from higher up - staff conversions continue to be frozen, though it doesn't appear to be enforced on every team for some reason.
So it seems the purchase of the old HBO Operations Center on Long Island is happening. Showtime, MTV Networks/Viacom as well as CBS will be heading there to be under one roof. Wonder if they will put other positions there to save $ on NYC rent and... — read more
Are employees still getting bonuses this year with all this craziness? If so, when does CBS typically get their bonus since legacy Viacom is on their schedule now? Around the holidays or in Jan? Thank you
At the latest CBS virtual "Town Hall" George Cheeks announced that lay offs are over, at least for the CBS side of the business. Does everyone agree? What do you think?
Those laid off in the last round, any luck finding a new job? I don't see any companies hiring right now so I'm extra nervous about possibly being laid off. Can anybody tell me if it really is as bad out there as I'm imagining or are there available... — read more
I received notice that they have begun packing personal belongings at 1515 and 345 Hudson. Based on their emails and lack of communication post layoffs - anyone else worried their belongings will be misplaced or broken when they ~eventually~ receive... — read more
Everyone who is/was a full-time freelancer should report it to the department of labor. Not giving employee benefits after years of employment isn’t just wrong, it’s illegal... especially since the majority of these full-time workers were canned at... — read more
YouTube TV launched eight ViacomCBS channels today: BET, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, TV Land and VH1. They jacked up the price 30%, making it $65 per month.
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With Spongebob going to VOD, are there layoffs looming?
Bob mentioned at the Credit Suisse talk that ViaCBS exceeded the target for cost savings in 2020. Does that mean layoffs are over for the year at least? Doesn't mean we're in the clear next year at all.