At this point, what functionally is the difference between a PBE ("project based employee" or freelancer or permalancer) and a staff employee? The only difference is a lack of benefits. What justification could there still be for misclassifying so... — read more
Topics regarding layoffs at ViacomCBS
Any news about STIP? Are they canceling it like the merit increases were cancelled? Still happening but way below normal? When did CBS bonuses pay out before the merger?
You ever stop and take a look around you? I used to love working here. But now when I look it’s just difficult to realize how much things have changed. Many here had such passion in their roles and we supported one another whenever possible. But now... — read more
What do you think will happen in 2021?
Media industry layoffs are poised to reach an all-time high in 2020 due in large part to the coronavirus pandemic, according to new research. An... — read more
Unsurprisingly, “COVID-19” was the most cited reason for layoffs, followed by “market conditions,” “demand downturn” and “closing,” according to... — read more
An already difficult year has been made harder for scores of employees as several media organizations are enacting anticipated layoffs designed to... — read more
A person familiar with the situation said some 100 staffers are impacted across the combined company, primarily but not entirely in corporate roles and... — read more
In the past it was a telephone call from your boss Then an email with your package Good luck to all
Signaling layoffs at CBS soon? Avoiding holiday pay?
looks like more kids & family, digital and CP groups will be shifted around - confirmed from EVP/SVP level staff stay safe
Meetings are getting cancelled in my department. There was some “stepping down” news yesterday in a different department. Are any layoffs happening this week?
Let's consolidate what we know and publish it for public viewing. Right?
Now that merit increases are off the table, has there been any discussion on where bonuses lie? Do regular employees still get their bonuses, and as someone mentioned during Bob Live, I’m curious if the C-suite is offering to take a nickel off their... — read more
A bunch of CNET employees and managers are talking about how ViaComCBS will be laying people off from October 9 through the 13th. Letters are being sent to everyone that they're keeping. If you don't get a letter, you're laid off. This is everyone... — read more
I'm trying to figure out if it was a smaller or a bigger round.
Let's see what Bob will do in 2021
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. — read more
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 ?