Warner Bros. Discovery to lay off nearly 1,000 staffers amid calls from analyst to ‘explore stategic options'
Warner Bros. Discovery(WBD) New York Post·2024-07-18 00:48
Warner Bros. Discovery reportedly is slashing 1,000 jobs as the struggling media giant faces calls to sell off assets that include ratings-challenged CNN.The layoffs, which began earlier this month, will hit the finance, business affairs and production departments and at streaming provider Max, according to entertainment news site Deadline. The cuts come during a chaotic period for the David Zaslav-led entertainment company, which last week announced that CNN will slashing 100 jobs under a major restructuri ...