Results tagged “memo”

Kids, it's a cruel world out there. First they take away your TRL, and now this. Word is that Viacom has begun a "company-wide restructuring plan," which was announced via an email memo (after the jump) at 8:30 this morning, and means they're cutting down staff in all divisions. By the end of the corporate massacre, about 850 positions will have been eliminated. This shouldn't be too shocking considering the memos that led up to it and the fact that last year employees got royally scrooged when it came to holiday bonuses, and had to fight for their rights to insurance. But you're on notice, Redstone: Make any cuts to The City and we will cut you.