Has anyone heard this? Can you confirm?

I got the axe today. They eliminated 4 people from our department. I sort of was expecting it quite honestly. I got my severance materials immediately and I was pleased with my package. It is disappointing how the company communicated changes... — read more 

What a joke company...went from #3 at the box office to #7. Can't keep their end of any contract, and spends hundreds of thousands on a Xmas tree lighting every year to impress the likes of Michael Bay. Whilst crapping on their worker bee employees... — read more 

What was offered as far as severance packages?

Networks will be groped into two main networks groups. One is for media and ent and will have MTV and Comedy Central, a second will be for kids and family and will include Nick, TV Land, and Nick At Nite. BET will be managed separately. Major layoffs... — read more 

Hit pretty hard, all levels. From VPs to assistants

Has anyone heard when this will go down, and what the plan is? Are they going after people with high salaries, or are departments given a set number of people to lay off?

Absolutely nothing that this company does makes any sense. There is no structure, no transparency, no one can look anyone in the eye, a shitload of money goes to a swanky holiday party with warm sushi when employees rather get a higher raise or keep... — read more 

We all know that this is absolute horseshit. Employees seem stressed more than ever and faces are grim and worried. Who will be getting the ax this time? those low on the totem pole or those in higher positions?

Do you know what the reort plans for this year are - it seems that every year somehow we reorganize and then we have layoffs. I've been around since 2002 and I have seen everything (at least I think that) - I do not think that I may get surprised any... — read more 

We all know that hitting a 52 week low is not a good thing. Get ready as things will get ugly - we might see some layoffs here at Viacom very soon.

Do you hire? Responsible for developing and managing global IP for the company, including new initiatives, as well as driving process implementation in conjunction with executive leadership to maximize the value and relevance of the company's current... — read more 

Was supply chain hit?

I learned long ago from accountants within the studio that this is a standard 3rd and 4th quarter accounting trick to increase executive bonuses. As the year-end closes, they all of a sudden have done very well in each division and shown % increases... — read more 

After 12 years at a highly visible television/film/theme park GIANT,(as a good employee with no problems); I was a victim of their knife 2 years ago, and I am still trying to recover! After receiving notice that my position was eliminated, my exit... — read more 

Brad Grey’s job as CEO is to produce a cost-effective product that sells and produces profits for the shareholder. Viacom may have had a profitable last quarter but it certainly wasn’t due to STID and WWZ. Grey is the one who greenlit those movies at... — read more 

NBC/U, Dreamworks, Disney, HBO and now Paramount. Who’s next to swing the axe?

To: Paramount Employees From: Frederick Huntsberry As our industry continues to adapt to an increasingly competitive environment, we are always ensuring that Paramount is conducting its business as efficiently and productively as possible. As such we... — read more 

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 –... — read more