Thread regarding Paramount Global layoffs

14 replies (most recent on top)

@113 Yea trust the leadership🙄.... Jeff S who said that same sentence and just got canned out the door immediately. Yea, trust the leadership. lol

by
| | Reply
Post ID: @12k+1kna4ee5b

There have been rumors about layoffs for a while now. But leadership clearly said last year that layoffs would be one and done, and that already happened.

We do not want to be a company doing layoffs every quarter, so obviously we are not. Trust the leadership.

by
| | Reply
Post ID: @113+1kna4ee5b

Saudi Arabia, Qatar & Abu Dhabi funding the WBD deal. Run for the hills - work-life as you know it is over

by
| | Reply
Post ID: @za+1kna4ee5b

September for sure. however, it has also been historically every quarter based around earnings as others have mentioned

by
| | Reply
Post ID: @r5+1kna4ee5b

Look at history, most cuts have happed right before or after earnings. They know where they stand and if the earnings are horrible, they will cut before to tell the market they are being proactive. If the results are marginal, they will say any cuts are to position themselves better for the WB acquisition and the Jeff Shell payout (j/k)

by
| | Reply
Post ID: @qq+1kna4ee5b

Earnings report.. lol. Seriously, stop with the earnings report comments . The future layoffs planned right now have nothing to do with any upcoming earnings report. They really dont

by
| | Reply
Post ID: @pg+1kna4ee5b

@gv makes sense, that aligns with the deadline for the WBD acquisition, plus convergence is planned to be done by then. hold onto your butts, folks.

by
| | Reply
Post ID: @jm+1kna4ee5b

September is what I heard from a good source as well.

by
| | Reply
Post ID: @gv+1kna4ee5b

We want you all to leave. No individual has unique value . Go. Go already

by
| | Reply
Post ID: @e4+1kna4ee5b

So many divisions - your question makes no sense, be specific. CBS News layoffs has a round for june while currently giving buyouts

by
| | Reply
Post ID: @dk+1kna4ee5b

Every answer is going to be a guess. Don’t stress yourself out thinking about this too much.

by
| | Reply
Post ID: @ch+1kna4ee5b

July

by
| | Reply
Post ID: @c9+1kna4ee5b

If memory serves me correct, the first wave of layoffs happened about a month and a half after the first buyout packages were presented to phase 1 employees

by
| | Reply
Post ID: @bm+1kna4ee5b

Post a reply

: