Wondering how many are planning to cut ties this time around or just waiting for the inevitable ax to fall with layoffs
11 replies (most recent on top)
@bq not true - go to HR land they will gladly give you a buyout PKG
@j1 do your homework it's literally the same thing at paramount global, viacom/CBS. The difference is if you let them lay you off - you also get unemployment. You get the same amount of accrual for years worked & backpay for unused time etc. You'd be a fool NOT to let them lay you off (if you've looked for other work and can't find anything). Why not also collect unemployment for which can be all long, long time if your not going to be hired right away. The money you will get from unemployment is going to be several times over the exit PKG. Stop weighing options when unemployment is going to be the biggest income to get from this company.
@ha A “buy out” is not the same as a severance package. A buy out indicates a package you are taking to willingly leave your job. Severance is given during a layoff.
Virtually anyone can get a buyout PKG at any time. If you get laid off you still get the buyout PKG - you are only prolonging your possible layoff - because you are not willfully leaving the company. Everybody gets the buyout PKG - everybody gets the buyout PKG ! You're better off getting laid off to ensure you also get unemployment . It pays to get laid off
@fm wow that's a stretch - connecting " this time around" to a post several days later... Sit down girl - I can tell you that "this time around" can also apply to many divisions - in which I can say that could easily apply to CBS news - where I have seen "this time around " apply to a countinuos round of layoffs going back early than 2019 - where under renegotiations of various union contracts under various heads of management have offered buyouts continuously over the years - a constant state of buyout - so sit down rookie - stop speaking for the masses you wanna be know-it-all
@f3 The fact that OP said “ this time around” in their original post, which came a few days after they announced Phase 2 RTO makes it a logical conclusion that this question was in reference my pathetic little clique, but go off queen.
@e5 again.. you are applying the RTO offer as if it applies to everybody . Ironically you RTO people are the smallest group in the company - yet make all the posts about your own little clique. Somebody asked about the buyout offer, if your talking about a buyout offer that is specific to RTO then that buyout is specific to your little group. There are employees at CBS that have been and will be taking buyouts as they wish - it's an ongoing buyout situation that has been going on for years and sometimes the offer may fluctuate depending which group you work for at CBS like a sales division or a news division or a union group. Basically it's the same formula for everybody - RTO has nothing to do with thousands and thousands of employees
@bx Definitely not an ongoing offer. There is a fixed period within which you are presented the terms and you need to agree by a specific deadline. If you do not opt in, and then choose not to RTO, you are subject to termination.
As far as I know the buyout has been an ongoing offer, only the terms may change as time has passed
@aj Buy out is only being offered to Phase 2 employees who are required to RTO at this time.
Are they even going to offer a buy-out to the same people they offered it to last year? Or is it just going to be offered to WB employees?