Viacom employees open up about their hopes and fears after the CBS merger, and what they think will happen next (CBS, VIAB, VIA)
|08/13/2019||Posted by BusinessMediaguide.Com under General World News||
- CBS and sister company Viacom have agreed to merge in an all-stock deal that would create a combined company with around $28 billion in revenue, the companies announced on Tuesday afternoon.
- The feeling at Viacom, based on interviews with current and former employees, is relief that the long-awaited deal is done and anxiety around what comes next.
- While some employees in Viacom’s ad sales and marketing teams are concerned about potential layoffs and upward mobility, other staffers felt that Viacom was emerging as a leader over CBS, which made them more confident in their job prospects.
- Viacom employees that Business Insider spoke read more >>>