|
CBS Lays Off 400 Employees
Learn to code, bitchezzzz![NY Post] - ViacomCBS is slashing an additional 400 jobs as the broadcasting giant continues to search for cost savings from last year’s merger of CBS and Viacom even as it struggles to shore up losses from the coronavirus pandemic. 'I don't care if my parent company's strugggggling...!" The layoffs, which kicked off this week, primarily took place at CBS’ entertainment, news, studio, sports and local news divisions, according to sources. I.e., everywhere. A rep from CBS did not comment. "I know nuuuuuthing!" ViacomCBS has undergone several rounds of layoffs since the merger closed in December. Those cuts primarily hit administrative and back-office divisions in an effort to eliminate duplication. This week’s cuts are the first layoffs on the broadcast side, although a number of executives have departed since the merger. Further speculation abounds that the high-priced talent (as it were) didn't take pay cuts themselves, so more staffers got shitcanned as a result, which means every one of them will likely hate Katie Couric crowd for the rest of their lives. I don't know about you but I'm having trouble holding back the tears here.... Posted by: Raj 2020-05-28 |
| http://www.rantburg.com/poparticle.php?ID=572731 |