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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Saturday, May 30, 2020

Corona Kills CBS - 400 More Layoffs



CBS Sinks - Fuck 'em
Ha Ha Ha Ha Ha
  • The Corona "Pandemic" was a creation of ratings starved old line networks from CBS to Fox to CNN. 
  • Viewers have fled the old networks by the tens of millions for the internet leaving the "Big Networks" to go broke.
  • Corona was a last gap attempt to draw back their old audience. Now that Corona has played out the networks are beating the race riot drum. It won't work. The internet is not going away.


(New York Post)  -  ViacomCBS is slashing an additional 400 jobs as the broadcasting giant continues to search for cost savings from last year’s merger of CBS and Viacom even as it struggles to shore up losses from the coronavirus pandemic.

The layoffs, which kicked off this week, primarily took place at CBS’ entertainment, news, studio, sports and local news divisions, according to sources.

ViacomCBS has undergone several rounds of layoffs since the merger closed in December. Those cuts primarily hit administrative and back-office divisions in an effort to eliminate duplication. This week’s cuts are the first layoffs on the broadcast side, although a number of executives have departed since the merger.

Last month, ViacomCBS laid off 100 employees in the marketing divisions, as well as at MTV News, Paramount Network, Nickelodeon and “The Late Show with Stephen Colbert.”

News of the latest round trickled out late Wednesday, after CBS chief executive officer George Cheeks circulated a memo in which he wrote that “we are in the process of restructuring various operations, and unfortunately, this means there are layoffs.”

NYPost.com


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