Thread regarding Paramount Global layoffs

Are March layoffs still in the pipeline?

Does anyone have any genuine insights into whether or not the second round of layoffs will still be happening soon? Or could they be on hold for now until the WB merger is finalised? Doesn’t look like convergence will be ready as planned either.


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| 4432 views | | 11 replies (last March 9) | Reply
Post ID: @OP+1kjtvh7ed

11 replies (most recent on top)

@wy historically the company has not done layoffs on Fridays. But would not surprise me if they did it this week.

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Post ID: @118+1kjtvh7ed

@wx lol

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Post ID: @y1+1kjtvh7ed

March 13th

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Post ID: @wy+1kjtvh7ed

I don’t think so. Leadership announced last year that the layoffs would be "one and done". I trust them.

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Post ID: @wx+1kjtvh7ed

is money even real? I wanna be 80 billion in debt

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Post ID: @j6+1kjtvh7ed

@d7 most likely those two would get an exception or a much delayed end date (like in a year or two) if they opt into RTO.

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Post ID: @ex+1kjtvh7ed

@d7 Thank you for articulating what's in everyone's mind. It's total and complete utter lunacy.

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Post ID: @e3+1kjtvh7ed

OK. So let me get this straight...

So we have two engineers who are entirely remote in the middle of the country and they all work on 3 different convergence projects because they ELIMINATED other engineers back in October. They are overworked, and underpaid. And we are now wondering why convergence is being delayed?

So, the plan is to just eliminate these two guys, completely stalling four to five convergence initiatives (creating a backlog of unfinished work), and then take us a month and half or more to find their replacements who will need to be compensated more because they are NY or LA, right? But ONLY NY and LA, right?

Good luck recruiting quality engineers who will no doubt observe our twice-yearly layoff cadence and opt to find a safer employer.

I understand we are all replaceable. But, tell me how this makes any sense from financial or convergence perspective? What this tells me is that they would rather dig themselves into a massive hole, then just sticking with reliable employees who cost LESS to keep around.

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Post ID: @d7+1kjtvh7ed

Merger = net debt of $80 BILLION. How do you like them apples

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Post ID: @cb+1kjtvh7ed

Next is phase II RTO email . In that email they going to tell, if opt out what will be the last day of work ., Next phase of layoff will be aligning with the end date of RTO people last day of work.
So nothing in March . Possibly something in end of second quarter

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Post ID: @ae+1kjtvh7ed

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