CURRENT EVENTS

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deadline.com

Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises; David Ellison Keeps Timeline Private For Now

Looking to save $2 billion, everybody knows David Ellison’s Paramount is going to have to make some deep cuts & now we know how they will be coming
deadline.com deadline.com

Looking to save $2 billion and having handed out more than $9 billion to UFC and the South Park guys in the last two weeks, everybody knows that David Ellison’s Paramount is going to have to make some deep cuts.

Those cuts are likely going to be coming in one fell swoop, Paramount president Jeff Shell made clear Wednesday as CEO Ellison and his top team met with the press in Los Angeles a week after officially taking over from Shari Redstone in an $8.4 billion acquisition.
 
politicalwire.com

Trump May Force Redo of Two Costly Projects

“Donald Trump’s Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years and well over $800 million combined to develop, work initially aimed at overhauling antiquated human resources
politicalwire.com politicalwire.com

The reason for the unusual move: officials at those departments, who have so far put the existing projects on hold, want other firms, including Salesforce and billionaire Peter Thiel’s Palantir, to have a chance to win similar projects, which could amount to a costly do-over, according to seven sources familiar with the matter.
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superrific said:
I've never been persuaded that there is a special circle of hell reserved for people who waste good scotch, but there definitely is a special circle for those who know better and do it anyway. And Dersh knows better. He knew better.
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Not sure why you think the guy who rapes underage girls knows better about anything.
 
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