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Paramount to Lay Off 800 Staffers as CEO Unveils Broad “Streamlining Costs” Effort (www.hollywoodreporter.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 12 points 9 months ago* (last edited 9 months ago)

It’s also a loud statement that screams as CEO they are too dumb, scared and uncreative to figure out how to improve the business. So instead of doing any real work they’ll just do the easiest and laziest thing and order the sacking of hundreds of people via many levels of management while putting themselves in a safe zone and spending extra time on their yatchs away from normal society.