https://variety.com/2019/tv/news/viacomcbs-exec-shuffle-500-million-synergies-1203400921/
“But it is just the place-setting for the $500 million in synergy savings that ViacomCBS chief Bob Bakish has promised to deliver over the next 12-24 months.”
https://variety.com/2019/tv/news/viacomcbs-exec-shuffle-500-million-synergies-1203400921/
“But it is just the place-setting for the $500 million in synergy savings that ViacomCBS chief Bob Bakish has promised to deliver over the next 12-24 months.”
Agreed. That seems a bit long. Waiting to hear of real departmental changes. I’m also assuming departments will be moved to a consolidated location to make things easier and cheaper.
So, the axe is gonna keep swinging for another 2 years. That should help with morale... right?