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Paramount to Lay Off 800 Staffers as CEO Unveils Broad “Streamlining Costs” Effort
(www.hollywoodreporter.com)
this post was submitted on 13 Feb 2024
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He's unveiling cruelty to his sociopathic shareholders, to their thunderous applause I'm sure.
You know, it's like an art unveiling or a movie premiere, but for "hey shareholders, watch me hurt these people that helped us make money for years, ta da!"
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.