alt Hacker NewsIt feels almost non-sequitur for a film and television studio, of all company types, to care about something like this. Your most important employees aren't even employees and they work on-site gig to gig. You live or die on whether you can make another Mission Impossible series, get the public to give a shit about the DC universe, whether the NFL and NBA can succeed in their bids to go international. Who gives a shit if the corporate accountants come to the office or not? It's like Eisenhower on the eve of D-Day fretting over how clean the bathrooms were in the Pentagon.
Replies
Back to the office is always an excuse for fairly indiscriminate downsizing. If they find you indispensable, they'll just make an exception for you.
For others, there's the buyout. They're telling you to do something you don't want to do, and at the same time telling you they'll pay you not to do it (and quit.)
It's a merger, they promised to do this. No matter what fake antitrust settlements and judges said. They're already deeply in the hole valuation-wise, they aren't going to be able to downsize their way out of it. It's the least they can do.
I'm actually curious if the plan is to have it take out a bunch of loans, strip the thing of assets, and dump it.
They have $80 billion in debt, they are basically going to be operating like a private equity run business. They'll be converting any cash flow they can to debt payments.