Thread regarding Paramount Global layoffs

International

All the best to the valued colleagues who have been laid off. Good luck. It's International's turn now.
Given that in many countries layoffs must be communicated a month in advance, when can we expect them? Any date? Thank you very much.


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| 1923 views | | 12 replies (last November 5) | Reply
Post ID: @OP+1k8tk335w

12 replies (most recent on top)

@155 - For any employee who is Greater London based (including neighboring suburbs and town), and is WFH, very little excuse not to RTO.

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Post ID: @15b+1k8tk335w

We heard of dozens of people being laid off in Italy, 50% of staff in France (they already know as their labour law forces employers to inform public authorities months in advance about layoffs), we are wondering what will happen to staff in the Netherlands as Amsterdam office moves to a new location in January - around 100 employees won't fit in this new office space (with the RTO mandate coming they are wondering what will happen to them...). So it is happening for international, just with the slight delay and less media coverage.

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Post ID: @155+1k8tk335w

@ea Agree, I know of people too. Severance is done a lot different for International compared to the US, it’s a lot more “hush hush” everywhere else, perhaps because it’s not usually all done at once.

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Post ID: @ew+1k8tk335w

There have definitely been intl layoffs. None in my team, but I've been told directly by those who were laid off.

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Post ID: @ea+1k8tk335w

Our team doesn’t have any international but when we asked if round 2 would impact us mgr said it will be international teams before end of year

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Post ID: @cb+1k8tk335w

@OP Haven't heard anything yet. But there are many international based staff who've seen their US managers let go. If the US pattern holds, I'd expect to see foreign based VP and SVP positions most vulnerable, especially where it involves that typical mid-management nonsense. It's more of a process to eliminate each position internationally (more complicated labor laws), so you might as well go for "high value" targets to achieve the overall savings. Expect to see office closures in minor international locations. And there is a need to consolidate RE in big hubs, for example - London. Good luck to all.

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Post ID: @be+1k8tk335w

@b5 I found where Viacom laid off around 850 people in early Dec 2008. But that's quite a long time ago.

I'd still expect nothing to happen til 2026 though. This week really is "layoff season". There's a reason why you see multiple stories about layoffs, and the companies absolutely are planning for next year financials.

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Post ID: @ba+1k8tk335w

@aq Highly doubt that, as it they would recive letters. Anyone in UK will have a meeting put in their diary first thing in the morning same day, with their manager and HR.

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Post ID: @b6+1k8tk335w

@ap the holidays has never stopped them before. They dumped 800 staff a few days before December years ago.

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Post ID: @b5+1k8tk335w

@aq UK office staff here. This not true. We have not been told anything despite many staff asking and getting no response.

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Post ID: @b4+1k8tk335w

@OP the internationals have already started. Several got letters yesterday in the U.K.

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Post ID: @aq+1k8tk335w

Companies think in quarterly earnings reports. The announce layoffs now in the US because of the 60 day WARN notice, and want to book the severance charges in Q1 2026. That's why you see a deluge of layoffs now, because we're around 60 days until 2026. Plus there's bad "optics" (hate the word, but it applies here) if you give people the chop just around the holidays.

Upper management also wants the dust to settle on this round, and see where things sit.

So from those perspectives I wouldn't expect anything until early 2026.

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Post ID: @ap+1k8tk335w

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