Paramount kept their staff on hand to handle stressful conditions, surely kept lots of folks on-call to ensure the Superbowl could be streamed on their service, had record viewership numbers and then immediately laid off 800 of the people who helped give them that success the next day so that the executive leadership could pocket all the profits without sharing it with the labor force who built it.

Seriously. Eat the rich.

https://deadline.com/2024/02/paramount-global-layoffs-begin-ceo-bob-bakish-1235824028/

Paramount Global Layoffs Begin; CEO Bob Bakish Tells 800 Departing Employees, “Your Talents Have Helped Us Advance Our Mission”

Paramount Global has begun a planned round of layoffs, with an estimated 800 U.S.-based employees affected.

Deadline

@rodhilton I’m on a slack group with a bunch of my old coworkers who all now work there and had to follow this in realtime today.

I felt horrible for all of them.

Especially one who had his 1:1 moved to today with his boss, only to find out it was just a coincidence and he wasn’t getting laid off.

@rodhilton

I'm sure they're so happy to hear this from their wealthy bosses as they face unemployment:

“Your talents have helped us advance our mission of unleashing the power of content around the world.”

@FediThing
That phrase struck me as well.
"Unleashing the power of content"?? 🤔
What kind of a mission is that?

Is that like "incredible contributions to the field of stuff"? "World-changing dedication to the perfection of things"?
"Expert modulation of the phlogiston-levels of artifacts"?
@rodhilton
@rodhilton I dont think the rich would taste good. Can we burn them for fuel instead?
@rodhilton The damn servers fell over too. Hundreds of people including me got repeated crashes with "error 3002". Those workers need a union!!
@rodhilton
Well they didn't do it that well. Over 40 times I had to refresh my browser or completely close it and reopen it, and many of those times it would only return me to CBS News even though I clearly selected the Super Bowl. Even so, the workers, not the management, should be paid.
@zaivala @rodhilton
I had signed up for a free week days ago, and have found the Paramont plus app glitchy and video quality poor. Instead of laying workers off, they should be hiring some to improve the quality. I want some of their shows, but if this is how the product gets delivered, I can’t justify the cost.
Cutting labor to enhance the financial metrics isn’t going to fool any buyer into paying for crap. My bet is that in three years there’ll be no Paramont Plus and the content will be sold off in bankruptcy
@rodhilton These greed gremlins continue to one up themselves.

@rodhilton I'm just going to reply with this to all layoffs in future. My post from yesterday.

https://kind.social/@retrosponge/111923054330554284

Definitely a Spongey Cryptid (@[email protected])

In the wake of all the dreadful layoffs that have been announced recently, all I can think of is 1986 in France. The head of Renault laid off 21,000 employees. So an anti-capitalist group shot and killed him. https://automotivehistory.org/georges-besse-renault-ceo-assissinated/

Be More Kind
@retrosponge @rodhilton speaking of the French, I believe one of them came up with the phrase "pour encourager les autres".
@rodhilton That's awful! These greedy companies that make millions but don't care about their staff that is making it possible. Then they raise the fees to make even more while many a starving & struggling to make ends meet. Did a trial once of Paramount & it buffered all the time. Ridiculous. So we didn't subscribe.

@rodhilton That's an awful lot of conjecture to say that the people who worked on the Super Bowl were then laid off the next day. Any sources?

My wife was laid off at Hasbro in 2020 and it was ultimately part of a consolidation strategy by the company. Seems like the case with Paramount.

Before you jump on me, I'm a union DP who is staunchly pro-union, BUT I'm fully against misinformation.

@ajyoung you're missing the point.

Everyone who worked at that company 2 days ago was supporting Paramounts goals, which included Paramount+, the Superbowl, etc. Everyone played a role.

And I promise you that lots of people were on-call and it was an all-hands-on-deck situation heading into the biggest broadcast of the year, and none of the people who were working that hard knew that layoffs were coming within days of it happening.

RECORD viewer numbers the day before 800 layoffs.

@rodhilton Replying to myself since I can't continue this conversation publicly because @rodhilton blocked me:

Where are your sources? Who was part of the full staff on call for the Super Bowl that was laid off?

Work force reduction is common. It's not a matter of the rich pocketing profits because lay offs don't happen at profitable companies. Legacy media companies like Paramount and WB aren't profitable.

You should be upset with the lack of social safety net for those laid off.

@ajyoung @rodhilton

"...because @rodhilton blocked me..."

A good idea is a good idea

@felichsdakatze @[email protected] yeah I block everyone who pulls this kind of meta-argument shit.

"cite your sources" I don't need any, the article + basic common sense + my experience has me beyond certain that the weeks leading up to the Superbowl was "we need folks to really go the extra mile, the success of this company hinges on this, make sure you have primary and secondary on-call personnel for your team" rah rah stuff and not a single one of those people knew a layoff was coming the day after.

@felichsdakatze everyone who replies in bad faith gets blocked and "well technically not 100% of people laid off specifically worked directly on the Superbowl" as a counterpoint, which is something I didn't even say, is as bad faith as it gets.

Block losers, life is better

@ajyoung @rodhilton Maybe he decided that life is too precious to waste ant of it debating corporate bootlickers?

@toriver @rodhilton I'm a freelance UNION Director of Photography in the film industry who picketed with both WGA and SAG last year and will be voting yes on a strike with my union this year.

Do I sound like a corporate bootlicker?

@ajyoung @rodhilton When you make the clearly wrong statement «layoffs don’t happen at profitable companies». Either that or you don’t know that the stockmarket likes layoffs. Also, check the evils of «stack ranking»

@rodhilton Let's just try it. Eat one billionaire. Lets see if that shifts their political will / financial programs. It's just providing *incentive*!

;)

@rodhilton

#megaCorporations have no soul, no conscience and are the scourge of the earth.

They would have the last tree cut down to use as fuel to cook the last meal so they could sell it for buck.

When did the Dollar become Almighty at the expense of our brothers, sisters and the plants and animals?

#climate #crisis #humanity

@rodhilton Where in the article did it say the first few points of your argument? I didn’t see anything about them keeping people on call.
@ClickyMcTicker it doesn't need to say it, they're trying to get Paramount plus to be successful and this is the first year the Super Bowl was streaming on it. I 100% guarantee you that tons of people were on call and there were multiple preparedness meetings and anticipation of the event. I've been in this industry long enough that I know exactly how the weeks prior to the Super Bowl looked at the Paramount office
@rodhilton “unleashing the power of content”? This has to be one of the crappiest, most reductive ways to say art, acting, writing, sports, etc, possible in today’s ‘English’. What a miserable brood of spiritually bankrupt conmen.
@rodhilton I'm very glad that I didn't watch a single minute. I will not be renewing my paramount subscription.

@rodhilton

Crap like this is why I will never work for a large corporation again. Jeez, I hope they all go on strike during the next big sportsbowl event.

@rodhilton and I was holding off cancelling until after Halo and Star Trek Discovery. Maybe I just go now since it will probably buffer anyway.

@rodhilton

If it's any consolation, P+ bumped me out of the superbowl a handful of times, and I didn't like them anyways for the commercials, so I cancelled today.
Figured, if they can't do a good job with all those employees, it's sure to be worse without them.
I think I would've stayed despite the superbowl antics, but seeing their greed and disregard for performance sealed the deal.

@rodhilton
"As we shared at Bob Live in January, returning our company to earnings growth is a top priority in 2024.

This will require us to continue to grow revenue, while reducing costs. And unfortunately..."
https://tenor.com/byGfk.gif

Behead Chopping GIF - Behead Chopping Block - Discover & Share GIFs

Click to view the GIF

Tenor
@rodhilton Perpetual requirements for quarter on quarter growth is a hateful damaging folly
@rodhilton sounds like T-Mobile. Jerks.
@rodhilton this is pretty insane. So many brand reputations getting trashed.

@rodhilton I've become more fond of "Eat the rich".

I used to think "Eat them? There's barely anything on them!"

The resources the rich capture aren't available to all. If we ate them, the resources would be shared about, which would be an improvement and more than a single meal for many.

But the real harm of the rich is they make the decisions. A tiny part of their wealth gives them enormous power that restructures society around maintaining their power.

And the decisions they make stink. They're just awful for everyone else: the other 99.999% of people.

And this why we should eat them (metaphorically, or otherwise). Not because it'll be a good or hearty meal. But because it will stop our other food sources being destroyed and perverted.

@rodhilton @343max agreed. And: this hire-and-fire concept sounds *really* great.
@rodhilton “our mission to unleash the power of content” jfc
@rodhilton 🤦‍♂️🤦‍♂️🤦‍♂️😠😠😠😡😡😡✊✊✊🚩🚩🚩

@rodhilton

This song, 'Save the Rich' perfectly summarises the issue in a wonderful #song

Garfunkel and Oates perform their song, #SaveTheRich, with the legendary and amazing Weird Al #Yankovic at The Super Serious Show in Los Angeles

Priceless  

https://invidious.fdn.fr/watch?v=qmRRDig_9nE

Save the Rich- Garfunkel and Oates with Weird Al Yankovic

Garfunkel and Oates perform their song, Save the Rich, with the legendary and amazing Weird Al Yankovic at The Super Serious Show in Los Angeles.

Garfunkel And Oates | Invidious

@rodhilton

My Opinion:
Loyalty to your employer should always be highly conditional. They need to, first, show more loyalty than just hiring you over the long term, while providing appropriate pay and benefits.

@rodhilton This is insidious and supports a policy of wage depression through unemployment. There has never been a time in US history when everyone that wanted a job could actually have one. And not because companies don't make enough to support more workers producing more product, but because they are limiting job security and stability and then paying less and saying we're lucky to have jobs at all. Then hypocritically calling the unemployed lazy after making people unemployed unwillingly.
@rodhilton late stage capitalism