Monday, March 4, 2024
HomeentertainmentWarner Bros. Discovery to make more layoffs on Tuesday

Warner Bros. Discovery to make more layoffs on Tuesday

Another round of layoffs to come on Tuesday at Warner Bros. Discovery.

sources told The Hollywood Reporter believes the layoffs will affect multiple divisions of the combined company as part of Warner Bros. Discovery CEO David Zaslav’s efforts to find $3 billion in post-merger cost savings. Expected to be affected are Channing Dungey of Warner Bros. Television Group (of which Includes scripted, unscripted, and alternative studios); possibly DC Comics, Cartoon Network, Adult Swim, and others.

Representatives for Warner Bros. Discovery and WBTV declined to comment.

The news that more layoffs are coming is not necessarily new news, although it was new news on Tuesday. Casey Bloys’ HBO Max and HBO teams were hit by a wave of layoffs in August, with estimated 70 employees leaving in a larger restructuring.

All aspects of the combined WBD are under review as Zaslav looks to save billions in layoffs and other areas. Sources told THR that lower-level executives could be the focus of WBTV’s layoffs. Other divisions such as ad sales are rumored to be looking to pass

Warner Bros. Pictures may not be affected by Tuesday’s layoffs as its new enforcement mechanism takes time to adapt.

Expected layoffs in other WBD divisions.

HBO Max and Discovery+ will merge into one service next year. Executives are currently discussing a new name for the service, as sources say much of the discussion is whether the HBO name is still a part of it, or whether a broader name for the service would be better.

THR There will be more details on the cuts on Tuesday.

Alex Weprin contributed reporting to this story.




Please enter your comment!
Please enter your name here


Featured NEWS