By Jill Goldsmith As rumors of impending layoffs continue to swirl around ViacomCBS, CEO Bob Bakish sent a memo to employees saying the company is continuing “to integrate and streamline our operations, manage our costs as diligently as we can, and follow through on our committed post-merger synergy targets.” He didn’t mention new layoffs but acknowledged ones that are ongoing, noting that, “some of us are saying goodbye to incredible team members and friends.” ViacomCBS has targeted $750 million in cost synergies.
Bakish said he’ll update staff after the company reports first quarter earnings next week. MORE READ BAKISH MEMO BELOW: Team, I know these past weeks have been challenging, and have forced us to deal with major disruptions in
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.