Warnermedia-Discovery Layoffs

On Tuesday, The Information reported that Warner Bros. Discovery could cut up to 30% of its ad sales staff. Axios added to the report, releasing an internal Warner Bros. Discovery memo sent from ad sales chief Jon Steinlauf to U.S. staff, offering a “Voluntary Separation Program” to qualifying employees.Jun 15, 2022

Recent News and Discussions About Warnermedia-Discovery Layoffs

Warner Bros Discovery Begins Buyouts As First Step Toward …

Warner Bros Discovery Begins Buyouts As First Step Toward Trimming Ad Sales Force By Up To 30%

Warner Bros Discovery Begins Buyouts As First Step Toward ...
Jun 14, 2022 — Warner Bros Discovery has taken the first step toward reducing its global workforce, initiating voluntary buyouts in its U.S. ad sales unit.


Backlash Over Return-To-Office Mandate Sparks Culture …

Backlash Over Return-To-Office Mandate Sparks Culture Clash Debate In Wake Of Discovery-WarnerMedia Merger

May 9, 2022 — There’s been a backlash over a return-to-office mandate in the wake of the Discovery – WarnerMedia merger, which has put a focus on a culture …


Warner Bros. Discovery reveals aggressive cost-cutting plan

https://nypost.com/2022/06/16/warner-bros-discovery-reveals-aggressive-cost-cutting-plan/

Jun 16, 2022 — News of the cuts, which will slash approximately 30% of the firm’s ad sales team, or about 1,000 jobs, was first reported by The Information on …


WarnerMedia staff fear layoffs in Discovery merger

https://nypost.com/2022/04/07/warnermedia-staff-fear-layoffs-in-discovery-merger/

Apr 7, 2022 — Some staffers at WarnerMedia are already preparing to be booted after Discovery announced a slew of senior-level departures this week. The nine …


Warner Bros. Discovery to slash up to 30% of ad sales team

https://www.fiercevideo.com/video/warner-bros-discovery-slash-30-ad-sales-team-report

Jun 30, 2022 — The report noted that plans to cut 30% of WBD’s approximately 3,000 global ad sales force suggests it wants to reduce headcount by nearly 1,000 …


Warner Bros. Discovery lags in TV upfront negotiations, sales …

https://adage.com/article/special-report-tv-upfront/warner-bros-discovery-lags-tv-upfront-negotiations-sales-team-layoffs-planned/2420386

Jun 15, 2022 — Discovery declined to comment on whether layoffs are imminent. The company also declined to comment about how many roles are expected to be …


Warner Bros Discovery to cut nearly 1000 ad sales jobs – source

https://www.reuters.com/business/warner-bros-discovery-cut-much-30-global-sales-jobs-information-2022-06-14/

Jun 14, 2022 — Warner Bros Discovery Inc is looking to cut up to 30% or nearly 1000 jobs in its global advertising sales team, a person familiar with the …


‘Paranoia’ Felt by WarnerMedia Staff Amid … – The Wrap

‘Paranoia’ Felt by WarnerMedia Staff Amid Looming Layoffs in Discovery Merger: ‘It’s Bad, It’s Crazy’

Apr 6, 2022 — As WarnerMedia executives continue to march out the door in Burbank ahead of the completion of its merger with Discovery , some longtime …


WarnerMedia Staff Reportedly Paranoid About Layoffs Ahead …

https://comicbook.com/movies/news/warnermedia-staff-paranoid-about-layoffs-ahead-of-discovery-merger/

Apr 7, 2022 — The merger between WarnerMedia and Discovery is set to close any day now, and reports suggest tensions are running high at the media …


Discovery-WarnerMedia’s $3 Billion Cost Savings: Where Will …

https://www.hollywoodreporter.com/business/business-news/discovery-warnermedia-3-billion-in-cost-savings-1234959073/

May 26, 2021 — Discovery – WarnerMedia’s $3B in Cost-Savings: Where Will That Come From? … The combined firm will likely see significant layoffs as leaders …


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