Warner Bros. Discovery, Inc. (WBD)
CNN to cut 200 jobs under modernization efforts
CNN has unveiled plans to cut 210 jobs under wider efforts to modernize its operations around a global digital audience. Equating to around 6% of the Warner Bros Discovery Inc-owned business' headcount, reductions were announced in a staff memo on Thursday.
Report: CNN Will Lay Off ‘Hundreds' In Post-Election Cost-Cutting
CNN on Thursday will reportedly lay off “hundreds” of employees as the network seeks to cut production costs and shift its focus from declining viewership in cable news. CNBC, citing sources “familiar with the matter,” reported Wednesday night that CNN will “consolidate teams” and move production of some shows from New York and Washington to Atlanta “where production can be done more cheaply.
CNN Expected To Announce Substantial Job Cuts
CNN is expected to announce significant job cuts this week, part of CEO Mark Thompson's long-in-the-works restructuring plans to place more emphasis on the digital future. CNBC first reported on the job reductions, which could number in the hundreds. A CNN spokesperson declined comment.
CNN plans to lay off hundreds of employees, cut costs as NBC plots firings
The job cuts come as CNN looks to rearrange its linear TV lineup and building out digital subscription products.
CNN to lay off hundreds of employees, CNBC reports
CNN, a unit of Warner Bros Discovery , plans to lay off hundreds of employees this week, as it refocuses the business around a global digital audience, CNBC reported on Wednesday, citing people familiar with the matter.
CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
CNN is planning to lay off hundreds of employees this week. NBC News is also planning layoffs this week, although the scale will be much smaller than those at CNN.
Investors who lost money on Warner Bros. Discovery, Inc.(WBD) should contact Levi & Korsinsky about pending Class Action - WBD
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Lost Money on Warner Bros. Discovery, Inc. (WBD)?
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Levi & Korsinsky Notifies Warner Bros. Discovery, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - WBD
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Levi & Korsinsky Reminds Warner Bros. Discovery, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 24, 2025 - WBD
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
Warner Bros Discovery Inc Is Being Sued For Securities Law Violations And The Schall Law Firm Urges Affected Shareholders To Reach Out
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Warner Bros. Discovery, Inc. ("WBD" or "the Company") (NASDAQ:WBD) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders of Warner Bros. Discovery, Inc. Should Contact Levi & Korsinsky Before January 24, 2025 to Discuss Your Rights - WBD
NEW YORK, NY / ACCESSWIRE / January 15, 2025 / If you suffered a loss on your Warner Bros. Discovery, Inc. (NASDAQ:WBD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E.
