Paramount Studios Begins Long, Painful, Hilarious Process of Laying Off 15% of Its Employees

Learn to code.

Paramount Global was to begin laying off 15% of its workforce in the U.S. starting Tuesday as part of its planned job cuts, the media giant said in an internal memo.

Paramount, which owns networks like CBS, MTV, and Comedy Central, aims to reduce annual costs by $500 million and return to profitable growth before its merger with David Ellison's Skydance Media.

In an internal memo, Paramount's co-CEOs said the company is at an "inflection point" where changes are necessary to strengthen the business.

The layoffs, which were announced during a post-earnings call last week, are expected to affect about 2,000 people....

The restructuring comes as the New York-based company navigates a challenging linear TV market, having recently written down the value of its cable networks by nearly $6 billion.

They also own Pluto and Paramount+. Supposedly they hit profitability on their streaming operations for the first time. I assume most of that was for Pluto. I don't hear people talking about Paramount+ much, though they have... Yellowstone? Is that right?

Anyway, they've continually ruined their most valuable IP, Star Trek, and made it Star-Wars-level, and I don't mean that in a good way.

The latest girlboss video game movie bombed. Borderlands has not one but two Girls Who Are the Key to Everything.

Plus Jack Black being " " " funny. " " "

Speaking of Busty Woke Frankenstein Jamie Lee Curtis:

Jamie Lee Curtis revealed on Kevin Hart's SiriusXM podcast "Gold Minds" (via Entertainment Weekly) that she asks film crews to wear name tags so that everyone remains equal on her film and television sets. The Oscar winner and current Emmy nominee for "The Bear" said that her aim is to dispel the "hierarchy" that inherently exists on sets between actors and the crew since everyone already knows the actors' names in most cases.

"There's something really uneven about our position on a set, on a movie, in this arena," Curtis told Hart. "You guys know our names, we don't know yours. There's something inequitable to me about that...On a movie set, if we were all working together, we would all be wearing name tags so that tomorrow when we came in, I would be able to then say 'good morning [Sabine]' without even [...] thought because I've learned her name."

Oh shut up you batwanger ding-dong.

You've just created a new inequality: You're making professionals, who aren't actors, wear name-tags like they work at Target.

I'm sure the actors and rich people ain't wearing name-tags.

Stuff your "equity," you moron.

posted by Disinformation Expert Ace at 04:37 PM

| Access Comments