Thread regarding Paramount Global layoffs

@ff I’m not loyal to anybody. This is just work. I am at risk just like everybody else right now and the market is trash. So I come here for information. I don’t have to be loyal to current leadership to simply admit factual truth. And you don’t have to keep pretending that you don’t know why current market is trash.

@eh I have to ask what you’re doing here if you’re so loyal to the leadership? Keeping a rumour site alive… pot calling the kettle black.

@ee trust who, you? Just look around on this website alone. You people can’t be trusted with anything. Netflix kept secrets for years, while internally everyone known about major plays and NOT A SINGLE LEAK. Want to talk about trust issues - look in the mirror.

@ed Forget "building paramount first" for a second - if he had instilled trust, had a basic plan to grow the business that was shared with all the employees, had the level of transparency that Netflix has had with their employees, the community, the shareholders and the people RUNNING THE BUSINESS (employees), he would have had a very different level of support. Don't give us the line about the fire sale - that's apparent. Why trust a man that cannot be trusted? There is no reason to - fire sale or not.

Everyone who’s saying “should build paramount first” simply don’t get it. Everything is on fire sale right now. Look at the economy. This does not happen every day. It is a time to buy all you can. It’s not goin to be up for sale when the economy recovers. Regardless if you like DE or not - this is just a fact.

@dh Agree. DE wants to "win" no matter what that means. He doesn't care about what it takes to get there. He just wants to be at the top. It's an ego thing. He doesn't care about any of us, these brands or even the industry. He just wants to be seen as "the best"

Take that $80b and invest it into paramount. Hilarious thought, I know….its easier to slam two companies together and find $6b in “synergies” because that’s what his dad’s PE friends want.

Basically, we were just the stepping stone to get DE a bigger empire. He really doesn't care about PSKY or WBD. Daddy wants to be emperor and sonny boy wants to please daddy.

@ah This deal would be the death of Paramount imo, everything would take a backseat for WB properties. I think cable channels would be put to rest and we'd only see South Park and Sponge Bob still being produced. Studio-Studio mergers are just brutal and terrible for creativity and a WB/Paramount deal would 100% certainly result in many more layoffs than a Netflix/WB one. So many more redundant positions and similar assets. Less job opportunities throughout.

@aj because this is qatari and saudi money that's getting funneled through taco's SIL and his private equity firm. it laterally attaches to our current boss via his daddy. there is an infinite supply of money and there is a full control of courts and commissions, so any resistance is futile. it's kind of, just gotta accept it bro.

@aj because people like Chris McC kept saying they were important when their teams weren't. - So money was being wasted. I was laid off too, but it's not a fu--ing charity.

If there's all this money to be had for this bid, why is it I and so many others had to be laid off 6 weeks ago due to "budgetary" concerns? /s

I'm no fan of the Ellison or Netflix, but come on guys, if Netflix gets WBD, the industry is FU---D! If you think getting jobs now is hard, wait until that takeover happens!

Yes, Para getting WBD isn't great, but there would still be competition in the streaming industry, and Para would then have a lot of linear channels supporting current jobs and revenue.

We should stop really fu--ing kicking the hand that is currently paying us. And no, I'm not a Ellison paid bot! I'm just being realistic.

@a7 Negative "he" didn't make movies, he helped fund them and had relationships with the talent like Tom Cruise.

@a3 you are aware that “he” was making paramount’s movies before the merger, right? You aware how much skydance and paramount did together and by together meaning skydance did it with paramount’s money?

Someone said it best here. Nepo baby is not going to lose. Here has gotten everything he wanted his whole life.

What the actual f- - - ?!

So bad. He’s promising 30 movies we year and hasn’t made one yet. It’s embarrassing. I hope the shareholders are smart enough not to give into this punk

Well - daddy has unlimited money, so no surprise here, he will buy us all