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CBS owner Paramount cuts 800 jobs two days after record-setting Super Bowl
The Hill ^ | 02/13/2024 | DOMINICK MASTRANGELO

Posted on 02/13/2024 12:35:33 PM PST by ChicagoConservative27

Paramount Global, the parent company of CBS, is planning to cut hundreds of jobs just days after airing the most-watched Super Bowl in history, according to Tuesday reports.

The job cuts will result in a reduction of the company’s workforce by about 3 percent, The Guardian reported, noting staff had been notified on the decision on Tuesday.

“To those with whom we are parting ways, we are incredibly grateful for your hard work and dedication,” Bob Bakish, Paramount’s top executive wrote in an internal memo obtained by the outlet. “Your talents have helped us advance our mission of unleashing the power of content around the world. We are a better company because of you.”

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: cbs; cuts; getout; hopeyoudontstarve; jobs; paramount
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But inflation is down! (s)
1 posted on 02/13/2024 12:35:33 PM PST by ChicagoConservative27
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To: ChicagoConservative27

Thanks for the good news.


2 posted on 02/13/2024 12:37:02 PM PST by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

Likely because of AI. AI is going to go through college type jobs like a hot knife through butter.


3 posted on 02/13/2024 12:37:04 PM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: ChicagoConservative27

Wokeism is effecting all media companies.


4 posted on 02/13/2024 12:37:41 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ChicagoConservative27
“To those with whom we are parting ways, we are incredibly grateful for your hard work and dedication,” Bob Bakish, Paramount’s top executive

Thanks, and now GTF out of here!

5 posted on 02/13/2024 12:38:01 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Jonty30

Leftist propaganda has no need for humans.

They just keep repeating the same talking points over and over again....


6 posted on 02/13/2024 12:38:58 PM PST by cgbg ("Our democracy" = Their Kleptocracy)
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To: ChicagoConservative27

Well there’s 800 more votes for Trump........................


7 posted on 02/13/2024 12:39:17 PM PST by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: dragnet2

"Now, if there's anything I can do for you..."

"Well, I certainly hope you'll die soon."

8 posted on 02/13/2024 12:39:57 PM PST by dfwgator (Endut! Hoch Hech!)
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To: dragnet2

If the employees had been lazy and couldn’t care less they would have had the same outcome—fired.

Lol.


9 posted on 02/13/2024 12:40:00 PM PST by cgbg ("Our democracy" = Their Kleptocracy)
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To: ChicagoConservative27

AI taking over.


10 posted on 02/13/2024 12:40:58 PM PST by DallasBiff (Apology not accepted.la is not the sharpest knife in the drawer)
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To: ChicagoConservative27

Most of the TV audience were dirty old men and stalkers who only tuned in to see what Tater Swuft was up to.


11 posted on 02/13/2024 12:43:18 PM PST by FlingWingFlyer ( Joe Pedo's America! The Motel 6 to the world. Joe's Border Patrol will keep the light on for you.)
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To: dragnet2

(“To those with whom we are parting ways, we are incredibly grateful for your hard work and dedication,” Bob Bakish, Paramount’s top executive)

Thanks for all your hard work and dedication.

Now, security will be escorting you to the gate. Don’t come back!

Hope you don’t starve! Well, actually we here with jobs don’t actually care at all.

BTW, gave an old recruiter “friend” just like that. She left me to starve knowing that all of my nearest relatives had passed away.

Oh she had plenty of jobs available. Just decided to be a jerk.

What a difference 20 years makes.


12 posted on 02/13/2024 12:47:29 PM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: SaveFerris

HAVE (had)

Thanks autocorrect


13 posted on 02/13/2024 12:50:20 PM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: ChicagoConservative27

Yeah....I call Bea Ess on those whopper ratings.


14 posted on 02/13/2024 12:53:34 PM PST by Jane Long (What we were told was a conspiracy theory in ‘20 is now fact. Land of the sheep, home of the knaves)
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To: ChicagoConservative27

The ceo wants to make more money for himself. They get big bonus for firing people.


15 posted on 02/13/2024 12:53:55 PM PST by minnesota_bound (Need more money to buy everything now)
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To: dfwgator

(We are a better company because of you)

“Now, we are an even better company WITHOUT you!!”

GREATEST ECONOMY EVER!!


16 posted on 02/13/2024 12:56:04 PM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: ChicagoConservative27

Did those 800 employees bring in as many viewers as Taylor Swift? Sucks but sometimes you have to justify your paycheck.


17 posted on 02/13/2024 12:56:40 PM PST by Farmerbob
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To: ChicagoConservative27

There was an industry wide strike last fall in support of the writers. I guess they realized the company could function with less workers.


18 posted on 02/13/2024 12:57:01 PM PST by political1 (Love your neighbors)
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To: ChicagoConservative27

Yes and the market is in the tank now and banks are taking beating.

It’s always darkest before it gets totally black.


19 posted on 02/13/2024 1:08:59 PM PST by Vaduz
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To: Jonty30

If you have a white collar job that does not involve creating original content you may have trouble competing with AI. Specifically if your job involves aggregating or applying pre-determined left wing talking points and applying them to a given situation (which describes 95% of leftist media) you are a prime candidate for replacement. This is why leftist media is laying off and Breitbart is hiring.


20 posted on 02/13/2024 1:11:31 PM PST by RightOnTheBorder
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