For all of us from Paramount who know what’s going on, the layoffs were not a surprise. I am personally surprised by the announced number, as I was expecting this to be in a 30 to 50 resource range – long story short, 110 seems to be a bit too much – I’ll leave it by that. I was not surprised by the hits to our marketing group, I am not sure what happened with Finance and who got hit, but no surprises there too. Anyhow, Huntsberry tells us the following peeps are being hit: fin, human resources, information technology, home video, legal and marketing – he’s done the same thing to Universal, so no changes here as well. The bottom line is that we at Paramount need to play the game better, our production needs to improve and everyone else will flourish – that’s the root of all problems. Unless we fix this it’s going to be 2006 (CBS split layoffs) and 2012 and 2013 all over again…
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