With the Tiffany networks main star being on the chopping block. What's your thoughts boys?
Fire Sale
Loop Capital analyst Alan Gould upgraded his rating on the stock to "Hold" from "Sell" on news of the cash infusion, but kept his price target at $14. He outlined a "bull case" for the shares that envisions Paramount selling at least some of its... — read more
Lay offs
Just announced - layoffs happening today!
PBEs
Oh how I wish the project base employees could come together at a time like this. Unionize! He-l, something. The amount of fellow coworkers I have that have been promised for years they’d be made staff is disgusting. They’re doing the same exact work... — read more
“Diversity Measurement Dashboards”
This is what this company is wasting its time, money, and resources on, while our arrogant, incompetent, and ignorant leadership just pretend as though we aren’t getting btfo’d by the creator economy. No way is this esg sh*t sustainable, it’s only... — read more
What's going on with cuts?
Has there been any news lately? A while ago this week was whispered about as the possible timing for more layoffs, I'm trying to determine if that is happening or not. I personally think that having any more cuts at this point would be a huge... — read more
W2 Status After Layoff?
Hello! Wondering if anyone else affected by layoffs in 2022 got their W2 mailed to them yet? I still haven’t and do not wish to reach out to the company personally… they definitely had my correct address.
TFW nobody wanted to buy Showtime
Showtime is not profitable and they couldn't find a buyer to assume the debt. McCarthy now has until 2025 to turn it around. It truly is "Showtime". Paramount plans to merge its Paramount+ and Showtime businesses, a consolidation of linear and... — read more
Who Remembers The Last Time?
With PARA approaching $16/share it reminds me that history might not repeat itself but it sure does rhyme. Only this time, content creators are eating Bob's lunch and there's no Hulu deal coming to bail us out. November 4 2008: Subject: On behalf... — read more
Twitter drama at black rock
the reisenbach honeymoon is over
2022 Severance- 2 weeks a year?
Is it true the packages last month were cut compared to past rounds? It used to be 20 years guaranteed a year. Is that still the case?
Consolidation = Running Out of Money
The former NBC exec also added that he wants his studios to take “full advantage” of the Paramount Global ecosystem across broadcast, cable and streaming but also continue to sell to third-party platforms... — read more
Childish
I don’t care about twitter, but removing ourselves from most peoples’ primary source of news is asinine. When you hate the customer, they are just going to hate you... — read more
so much for employee retention and inclusion
When you are laid off after many years of service, always meeting insane quarterly goals. Paramount does not care about their employees. Shame on you Bob, Cheeks and all you ba----ds trying to save a penny without considering the value said "numbers"... — read more
When are the Showtime layoffs coming?
We all know Showtime layoffs are coming. But when?
Paramount Global Begins Layoffs in Ad Sales Group Under New Leadership
Paramount Global is expected to lay off fewer than 100 employees in Los Angeles and New York, The Wrap has confirmed. The majority of the cuts will impact the company’s ad sales group, which has been undergoing a transformation overseen by new... — read more
More layoffs tomorrow?
Are more layoffs scheduled for Thursday and if so what groups or locations?
Sherman and Kahl Out. Reisenbach Fails Upward.
What a literal catastrophe. All those VC investments have dried up and now thanks to their mandates, most of the customers have been chased away by political nonsense... — read more
Layoffs loom....
CEO and execs said on the earnings call that Paramount is eyeing meaningful and sizable cost cuts involving both labor and non-labor expenses by end of this quarter. Will we see another December 2008 replay before the holidays? Predictions to... — read more
Legacy media is completely obsolete
the part that everyone doesn’t seem to get yet is that this company and industry are dead. there aren’t sweeter deals coming down the road. take what you can get now because individual creators have rendered legacy media completely... — read more
It's good to see so many people leaving
It shows that everybody is tired of the management's cr-p and unrealistic expectations placed on all of us. Even with the job market not being as hot as it once was, many are choosing to walk away. If we had normal management, this would be noticed... — read more
Buyouts?
Along with the hiring freeze comes rumors of buyouts, mostly in news, but could be all over. Six months, which is a lousy deal. Considering the awful management decisions in the last three years, they should offer 2 wks./yr. and people would spin the... — read more
MPD West
The entire CBS Television City MPD West department was shut down today and everyone fired. NY had been stealing all their work and finally migrated all the west coast files over there and then flushed everyone. Hope that entire sh---y company burns... — read more
This was NOT a voluntary resignation
no viewers, no money, no contract https://www.reuters.com/lifestyle/comedian-trevor-noah-leave-the-daily-show-after-seven-years-2022-09-30/ And there's more coming....
Hiring Freeze
Does anyone know what’s going on with the hiring freeze? Length of time, etc? Or possible explanations. I’ve been told they aren’t filling any positions for those who leave.
Thank you safety office, now move on
Enough is enough, my 7 and 10 year olds have been in a class room with 30 other kids for almost a year now without mask, most of them un-vaced with no major out breaks yet your still making us wear mask and get tested and we are vac'ed and boosted... — read more
Stop the testing madness
The president said last night on our network that the pandemic is over so why are we still testing? Management say's its the unions setting the policy, if that's true stop costing so many union and non-union workers work. Most every other network has... — read more
Bob’s Abortion Rant
who else here with a uterus had to painfully listen to Bob flounder around to try to justify why paramount keeps donating to anti-abortion legislators. also i just hate these bob lives, there’s barely any helpful information. the merit increase... — read more
Reorganization
The company has hired upper and middle management with track records , usually two to five years at a clip in their résumés, of downsizing. Check out some of these folks on LinkedIn. One listed acumen of handling M&A (mergers and acquisitions) while... — read more
Quits
Rumor is people are quitting within a specific area of Viacom/CBS, now Paramount rebranded. Who runs this area and why aren't they being dealt with properly? Perhaps the company has sunk to a new low point where the philosophy of "why lay them off if... — read more
The Big Joke
People are still working from home while essential staff has no ability to do so; never has. Yet, compensation from the company for essential workers vanished a long time ago. Time to bring back the compensation or bring back the non-essential... — read more
PBEs LET’S GO
Protests in front of 1515 wouldn’t take long to get attention. ViacomCBS needs to acknowledge the absurd about of freelancers it has in full-time, staff positions simply to avoid paying for benefits. THERE ARE MORE OF US THAN THERE ARE THEM!!! It’s... — read more
Still working hard?
Or have you, like me, lost all motivation and are hardly doing even the bare minimum?
Jobs are still aplenty
I started looking after a friend warned me that with the recession looming, now might be my last chance to leave my current job and find something equal or better. Well, I've been looking for the past month and I've already had several interviews and... — read more
raises among the lower
It has come to the attention that company has given raises to those who earn under 60k. Major adjustments for some. Nothing to the employees over that amount. So if are are 15 year employee making over that threshold, even a dollar, you get... — read more
How is anybody able to deal with management?
Horrible management, the worst I've ever had the displeasure to work for. First of all, most of them are incompetent. Second of all, they love to micromanage our every move for no good reason. And third of all, they use intimidation tactics to keep... — read more
The pandemic ISN'T over
Just Ignoring it doesn't make it disappear. RTO has been a sh-t show and colleagues have been catching covid but yes... announce that the pandemic is over...
Hybrid Working Models
In NYC, and other cities, given the uptick in violent crime and as----t in general, one would think the logical move would be for the company to provide hybrid models for ALL employees, not just management/clerical. Instead, ViacomCBS seems hellbent... — read more
Layoffs
Given the plethora of veeps running the abysmal CBS morning show, and two co-presidents to boot, it's inevitable layoffs of the underlings must occur. Remember, this is the network that fires TDs when ratings slump.
Layoffs would be a godsend
Maybe the Lord will have mercy on me and make sure I'm in the next round.