Are the Paramount International layoffs definitely happening in December, or are we safe?
If they are happening, when would they take place? It’s likely that the top executives will stay in their places like it was the case in L.A. and New York, while only a the smaller fish will be selected by them?
5 replies (most recent on top)
"The thing about prosperity is that it breeds toleration. You get fat and sloppy, and then suddenly, incompetence isn't just tolerated. It's institutionalized." - Hugh Hendry
I have heard that International will take a hit first qrt you are already on a list if you are part of the layoff. I think that Jan/Feb will be particularly unpleasant. Ask around, and you will quickly find entire offices in international are already been shut down.
I know there are teams in Nashville that are closing up shop at the end of the year. That might factor into the layoffs wrapping up too.
If international cuts were happening you would know already. They have to give proper notice and time to negotiate a severance especially in Europe. .
I haven’t read or heard a word about international. They’ve only talked about the 15% which is us only and that it was supposed to be done by end of year. Maybe intl is just something they comment on after the fact?