https://cheddar.com/videos/exclusive-viacom-plans-new-round-of-layoffs
Specifically mentions sales and marketing
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Exclusive: Viacom Plans New Round of Layoffs
February 5, 2018
Viacom is planning to announce a significant round of layoffs this week, Cheddar has learned.
The exact number of cuts is unclear, but the layoffs will affect dozens of employees, according to people familiar with the matter. The media conglomerate behind Paramount Pictures, Comedy Central, MTV, and Nickelodeon will make cuts mostly in its sales and marketing divisions, one person said.
A Viacom spokesperson declined to comment when reached by Cheddar on Monday.
Viacom last cut about 20 employees as part of a reorganizing effort in September 2017. The company has reportedly been in recent talks with CBS about a potential re-merger after splitting a decade ago. A recent report from Variety said that Viacom is close to acquiring VidCon, a popular media and entertainment conference business in California.
Viacom is set to report its earnings for the quarter ending December 31, 2017 on Thursday, February 8.
Reporting by Alex Heath.
I am in marketing and we are expecting it