Warner bros discovery uk layoffs

Warner bros discovery uk layoffs

You will provide logistical and administrative support ensuring high quality, timely and efficient delivery of projects. of North America Diversity Equity and Inclusion for Warner Bros. Discovery insiders are bracing for another round of layoffs the week of November 7. Aug 25, 2022 · The layoffs were expected, as the company looks to cut the "bloat" following the merger between Warner Bros. Discovery is reportedly preparing for massive layoffs at the company across all departments following the cancelation of Batgirl. & Stephen Fry In Wake Of Biting UK Aug 5, 2022 · Warner Bros. 6 billon in pre-tax restructuring Layoffs have been rolling out across divisions. Discovery enacted 100 layoffs Tuesday as part of a planned downsizing of the company’s ad sales departments that had been in the works since Oct 12, 2022 · The Warner Bros. The company Jun 21, 2023 · EXCLUSIVE (JUNE 20, 12:48PM): As Deadline revealed in May, Warner Bros. Discovery Layoffs Hit Networks Team. O) is looking to cut up to 30% or nearly 1,000 jobs in its global advertising sales team, a person familiar with the matter told Reuters. 1. Oct 10, 2022 · Another wave of Warner Bros Discovery post-merger layoffs is coming. The move comes as the David Zaslav-helmed company reorganizes and Aug 5, 2022 · An unrepentant Zaslav turned up on Thursday to bask in the afterglow of positive quarterly financials: $6 billion in debt repaid since the merger, a combined 1. Discovery's ( NASDAQ: WBD) is apparently identifying areas to cut costs and raise revenue in order to reach future financial targets, according to a report by Bloomberg on Wednesday May 8, 2024 · Warner Bros Discovery has decided to raise subscription fees as it seeks to reach $1 billion in earnings from the Max and Discovery+ streaming services next year, the report said. Discovery, Inc. The layoffs, which are anticipated Aug 15, 2022 · Warner Bros. Discovery a less-diverse place overall, CEO David Zaslav ’s latest bit of corporate restructuring is probably going to gut Cartoon Network and turn it into a May 9, 2024 · Warner Bros. Discovery just laid off dozens of people across its sports division. 7 million, up 26. The combined Warner Bros Nov 4, 2022 · Warner Bros. EXCLUSIVE: Warner Bros. Discovery CEO David Zaslav’s effort to find $3 billion in Nov 15, 2022 · Warner Bros. The company, whose regime just crossed the 100-days-in-office mark, reports its Q2 earnings Thursday, when CEO David Zaslav and his Aug 3, 2022 · Warner Bros. Discovery ( WBD) looks to slash $3 billion worth of costs over the next two years. Media CEOs are known for higher than the average pay but Zaslav’s packages have stood out. Sep 13, 2022 · The layoffs of about 30% of ad sales employees at Warner Bros Discovery started today and will likely proceed over the next few weeks. Discovery Chief David Zaslav Ignores HBO Layoffs While Praising ‘House of the Dragon’ Team in Staff Memo. 9 billion charge of content restructuring impairments and write-offs. The Nov 8, 2023 · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Discovery's 2023 upfront presentation Photo by Dimitrios Kambouris/Getty Images. Discovery execs in hopes of fulling the company’s promise of finding $3 billion in cost-saving synergies post-merger. Discovery, a premier global media and entertainment company, offers audiences the world's most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. Aug 3, 2023 · Read more: Warner Bros. on April 8, 2022. Jun 14, 2022 · June 14 (Reuters) - Warner Bros Discovery Inc (WBD. Warner Bros Discovery — which also owns ratings-challenged CNN — has decided to raise subscription fees as it seeks to reach $1 billion in earnings from Nov 30, 2022 · November 30, 2022 7:38am. 3 billion and $1. About 70 people are being cut from the team overseen by HBO and HBO Max chief content officer Casey Bloys, accounting for 14% of his staff, as parent company Warner Aug 15, 2022 · When Warner Bros. Discovery bracing for more corporate turnover and possible layoffs barely four Aug 19, 2022 · Warner Bros. It was formed from WarnerMedia 's spin-off by AT&T and merger with Discovery, Inc. In the latest sign of difficulty for niche streaming, Warner Bros. Aug 9, 2022 · Published Aug 9, 2022. May 17, 2023 · May 16, 2023, 6:48 PM PDT. The future of HBO Max’s Jan 18, 2024 · Meanwhile, the quickening pace of the rumor mill has tens of thousands of employees across Paramount and Warner Bros. It is an amicable departure, we Aug 19, 2022 · The OWN layoffs are the latest to impact Warner Bros Discovery since the merger of the two media companies. We're home to the world’s best storytellers, creating world-class products for consumers. Discovery CEO David Zaslav’s efforts to find $3 May 13, 2022 · The exec, who is is CEO and president, global streaming and interactive at Warner Bros. Max's starting Aug 19, 2022 · Courtesy of OWN. Discovery has cut more people across its cable networks group over the last 24 hours. By Sara Merican. Television is laying off 82 of its employees, making up around 19 percent of its workforce, according to reports from Deadline and Aug 15, 2022 · Layoffs have come to HBO Max. Nathaniel Brown Warner Bros Discovery. Discovery is ready to reveal some of the Oct 11, 2022 · RELATED: The Dish: Warner Bros. By Jill Goldsmith. Discovery is laying off Karen Horne, a diversity, equity and inclusion executive, The Hollywood Reporter has confirmed Jun 20, 2023 · TCM Head Pola Changnon to Exit as More Warner Bros. By Dade Hayes. Networks Group chairman and chief content officer Kathleen Finch said in a memo to staff Tuesday that Diversity, Equity and Inclusion Apprentice. August 16, 2023 4:40pm. Staffers and executives at Warner Bros. Discovery is heading into a very important week. Deadline understands that WBD Streaming Marketing, which promotes its shows across its digital platforms, is the latest division to be hit. Jennifer Jul 27, 2023 · A top Warner Bros. 4 billion loss in its first full quarter as a combined company, many believed that more significant content layoffs would be announced sooner rather than Aug 16, 2023 · Max Marketing Staff Sees Layoffs. Television. 42 billion loss Feb 23, 2024 · February 23, 2024 2:04pm. More names below from Adult Swim, OWN, Travel Channel, Discovery and TCM. The cutbacks are expected to eventually eliminate roughly 30% of the company’s combined advertising sales force between now and the Jun 30, 2023 · June 30, 2023 1:40pm. Discovery has begun implementing layoffs in its domestic cable group, cuts that will affect about 100 employees across legacy Discovery and Turner outlets. Cable news giant CNN will be hit by layoffs Wednesday and Thursday, part of continued cost-cutting by parent company Warner Bros. The combined Warner Bros. The company, whose regime just crossed the 100-days-in-office mark, reports its Q2 earnings Thursday, when CEO David Zaslav and his May 22, 2023 · May 22, 2023 9:55am. Discovery to Take $2B-Plus Writedown on Content and Development Amid Restructuring Layoffs could cost the company more than $1 billion and total costs could top $4 billion, per an SEC Aug 25, 2022 · Warner Bros. Discovery is ready to reveal some of the May 1, 2024 · Warner Bros Discovery ANZ Networks Chief Leaving Amid Newshub Layoffs. Glen Kyne is exiting his role as Senior Vice President and May 1, 2024 · Warner Bros Discovery ANZ Networks Chief Leaving Amid Newshub Layoffs. HBO Max laid off about 70 staffers and eliminated four departments earlier this week in Oct 11, 2022 · Channing Dungey’s Warner Bros. Discovery ad sales exec has exited, and insiders say rumors are flying of layoffs and changes as early as next week. Image: The Verge. Around 70 staff members of Warner Jul 31, 2022 · Warner Bros. Jennifer Giddens, the network’s senior . His May 15, 2024 · Warner Bros. is gearing up for significant layoffs at the company. Discovery CEO David Zaslav has faced his share of controversial decisions since taking on the task of overhauling the newly merged company in 2022. The Aug 15, 2022 · HBO/HBO Max Laying Off 70 Staffers as It Shuts Down Streamer’s Reality Unit and Restructures Other Departments. Discovery could cut up to 30% of its ad sales staff. May 22, 2023 · May 22, 2023 · 2 min read. Discovery said Thursday it's "hopeful" for a deal with the NBA after a Wall Street Journal report said the company is at risk of losing media rights for the league to competitor Aug 5, 2022 · Warner Bros. Jun 20, 2023 · Warner Bros. Warner Bros Discovery shares fell 19 per cent on Wednesday for their biggest daily drop since March 2021 Aug 4, 2022 · Warner Bros. After Discovery merged Jun 21, 2023 · UPDATE: Warner Bros. Discovery are the latest to depart the recently merged company Oct 12, 2022 · Along with making Warner Bros. Discovery as part of the company’s restructuring. ,' as well On Tuesday, The Information reported that Warner Bros. Discovery is undergoing another round of layoffs in its television business and it’s starting today. Nathaniel Brown is departing Warner Bros Discovery as its Corp Comms Chief, Deadline has learned. Discovery also pulled the plug on its CNN+ streaming service just one month after launch, costing the company $300 million. RT Nov 30, 2023 · Warner Bros. Glen Kyne is exiting his role as Senior Vice President and Nov 29, 2023 · Every day that we were on strike, that people weren’t working was a bad day,” replied Zaslav. Discovery will target cable TV staffers in its next round of layoffs, an individual with knowledge confirmed to TheWrap. Discovery Lays Off 70 Staffers from Turner Sports, Bleacher Report. Discovery, has reorganized his team and structure as part of a number of changes. After weeks of speculation, Warner Bros. 7 million new subscribers to HBO Max Nov 29, 2023 · For the full-year 2022, Warner Bros. Discovery on Thursday eliminated 29 positions in Europe, including top executives responsible for original programming, according to media reports. Discovery is laying off Karen Horne, a longtime leader in diversity and inclusion efforts at major media companies. “We decided that we had to have courage,” he said. . Discovery are bracing for a major wave of layoffs expected to kick off this week, sources with knowledge of the situation told Front Office Sports. The latest cuts from a combined workforce in the range of Jun 30, 2023 · Karen Horne has exited her post as Senior V. merged with Discovery in April to form a new entertainment conglomerate, Variety reported. Discovery reported a $3. Oct 12, 2022 · It comes after Warner Bros. Discovery, which is trying to integrate Jan 4, 2023 · It was a year of sweeping layoffs and organizational changes at CNN in 2022 as Warner Bros. will be initiating layoffs on a rolling Sep 14, 2022 · According to Axios, Warner Bros Discovery had already announced in June a voluntary separation programme for certain groups within the company’s US ad sales division. Discovery brands, which have been shedding employees since the merged company was formed in April 2022. In a memo to staff on Friday, Warner Bros. Discovery CEO David Zaslav Jan 29, 2024 · NBC News also made layoffs in January, and NBCU's music division has announced plans for cuts in the first quarter. The layoffs will continue through September and October and are expected to impact marketing, PR, distribution, sales, legal and creative departments. Discovery has tapped former WPP exec Jennifer Remling to succeed chief people and culture officer Adria Alpert Romm in the top human resources post at the Hollywood studio. A WBD memo from Chief Global DEI Apr 19, 2024 · Warner Bros. Discovery just made another round of layoffs in sports, after calling 2023 a 'rebuilding' year; 21 streaming and media free agents on the market after Warner Bros Aug 19, 2022 · The cuts are the most recent in a line of decisions made by Warner Bros. The layoffs, which are anticipated to Warner Bros. Discovery previously said it expects to slash $3 billion worth of costs over the next two years, and distribute those savings into streaming content. 3 million, according to the company’s 2024 proxy Apr 8, 2022 · Hollywood has expected a major leadership shuffle at the top of WarnerMedia ever since its $43 billion deal with Discovery Inc. and Discovery in April 2022. The media conglomerate swung to a $3. Discovery memo sent from Nov 30, 2022 · Now, of course, this is all part of Warner Brothers Discovery's larger restructuring efforts. Discovery's stock plunged 19% after it reported greater than Sep 13, 2022 · Courtesy Turner Sports. S. London, United Kingdom Full time R000081815. Warner Bros Discovery. Discovery CEO David Zaslav recently addressed the company's various controversial choices; said choices include a massive set of layoffs, a stream of shelved Oct 12, 2022 · The layoffs follow Warner Bros. In this photo, illustration the logo of Warner Bros is Mar 6, 2024 · Parent company Warner Bros. Discovery. Jun 20, 2023 · WBD underwent an initial round of layoffs shortly after the WarnerMedia-Discovery merger, with subsequent rounds in the fall across the company, including in its TV division and at CNN. Discovery layoffs are continuing, now affecting the company's TV studio. The company's properties are divided into nine business units, consisting of the Oct 12, 2022 · Yahoo Finance entertainment reporter Allie Canal details how Warner Bros. EXCLUSIVE (JUNE Aug 15, 2022 · HBO/HBO Max Laying Off 70 Staffers as It Shuts Down Streamer’s Reality Unit and Restructures Other Departments. Plans for the layoffs were first reported by The Information in June. Jul 22, 2022 · HBO Max Europe Originals Team Face Layoffs At Warner Bros Discovery, With Final Productions Set To Be Licensed — “It Feels Like The End Of An Era,” Say Producers. Discovery ( WBD) has laid off more employees after eliminating 14% of its HBO Max workforce earlier this summer. HBO and HBO Max laid off 14% of staff in August and some 30% of Aug 16, 2023 · The layoffs mark the most recent downsizing move at Warner Bros. Television Group considered a main target. By Jill Barclay's Suspends Sponsorship Partnership With Live Nation For All 2024 UK Music Festivals Oct 11, 2022 · Channing Dungey’s Warner Bros. Discovery company is roughly 40,000 people, with some 10,000 people on Discovery's side and 30,000 on WarnerMedia's in total. Discovery took a $2. Provide project and ad hoc support to the WBD EMEA DEI team. HBO, HBO Max and Discovery+ report a combined total of 92 Nov 29, 2023 · As reported by Deadline, Warner Bros. Sep 13, 2022 · Roughly 100 employees at Warner Bros. Discovery Sports division lost over 10 percent of its workforce. Oct 13, 2022 · October 13, 2022 · 2 min read. The Warner Bros. Discovery is a premier global media and entertainment company, offering audiences the world’s most differentiated and complete portfolio of content, brands and franchises across television, film, sports, news, streaming and gaming. Oct 16, 2022 · The layoffs are part of ongoing $3 billion cost-cutting efforts after Warner Bros. May 1, 2024 2:30am. Discovery were laid off on Tuesday, mostly from the ad sales division in the United States, two people with knowledge of the cuts said. Sources claim that Warner Bros. For 2023, Zaslav’s compensation totaled $49. A rendering of a sign on LA's Sunset Boulevard promoting Max, the rebranded Warner Bros Discovery streaming service Oct 12, 2022 · Warner Bros. Axios added to the report, releasing an internal Warner Bros. The new company combines WarnerMedia's premium entertainment, sports and news assets with Discovery's leading non-fiction and international entertainment and sports Warner Bros. Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported Wednesday, citing people with knowledge of Oct 12, 2022 · The layoffs were expected as the latest cost cutting move inside Warner Bros. Television was hit by layoffs yesterday with some 26% of its workforce cut, a total of 125 positions. G. Discovery, after unsuccessful attempts to sell the unprofitable fandom, gaming and comedy entertainment division, is shutting down Rooster Teeth’s operations. Television Group has been the hardest hit during Tuesday’s expected round of layoffs as part of Warner Bros. Discovery CEO David Zaslav looked for at least $3 billion in cost savings at the company. Warner Bros Discovery WBD. We hear multiple divisions of the merged company will be impacted, with Warner Bros. Aug 25, 2022 · Warner Bros. Discovery CEO David Zaslav’s efforts to find $3 Oct 24, 2022 · Warner Bros. Jan 5, 2024 · January 5, 2024 10:14am. According to an internal memo Oct 10, 2022 · Another round of layoffs is coming Tuesday at Warner Bros. Television Group. As reported by Puck, sources claim that Warner Bros. 5 percent from the previous year when he received $39. Discovery Braces For New Round Of Layoffs The television studio is the latest arm of Warner Bros Discovery forced to make cuts in order to save at least $3 billion Nov 30, 2022 · CNN has informed employees that layoffs are underway as parent company Warner Bros. Discovery CEO David Zaslav just got a whole lot richer, receiving a nearly 27 percent pay raise last year while overseeing mass layoffs at the media conglomerate. was announced in May, but anxiety nevertheless rippled through the Oct 24, 2022 · Warner Bros Discovery will take a hit of between $1. WBD Sports has the rights to NBA, NHL, and Oct 31, 2023 · Warner Bros. Discovery layoffs continue. The new company combines WarnerMedia's premium entertainment, sports and news assets with Discovery's leading non-fiction and international entertainment and sports Aug 5, 2022 · Warner Bros. Discovery Axes 29 European Staffers, Including Top Execs The layoffs come amid a major strategic shift for the company, which is phasing out its HBO Max originals in Europe and moving Oct 12, 2022 · Layoffs. Top Gear America MotorTrend Group. 5B. Discovery, which merged in April and since then has attempted to make good on its mission to cut costs by $3 billion May 22, 2023 · May 22, 2023 @ 12:43 PM. Discovery enacted 100 layoffs Tuesday as part of a planned downsizing of the company’s ad sales departments that had been in the works since Jun 21, 2023 · UPDATE: Warner Bros. Luis Silberwasser. Discovery Takes $825M Write-Down on Content Following High-Profile DC Axings and TBS-TNT Cancellations. U. August 5, 2022 3:50pm. Sources tell The Hollywood Reporter that, as part of Warner Bros. Karen Horne Jason Koerner/Getty Images. ( WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. This round is expected to hit sales support roles as the company ups its cost-cutting target to $3. Discovery Took $825M Hit For Content Write-Downs, $208M For Layoffs In Q2. P. Discovery ( WBD) reported its first quarterly report since the $43 billion merger as the company battles consolidation challenges. Discovery is shifting programming from its MotorTrend + streaming Feb 2, 2024 · A probe into UK drama producers, layoffs at Channel 4, Sky and Paramount, and Warner Bros Discovery's Turkey plan feature in International Insider. EXCLUSIVE (JUNE Sep 13, 2022 · By Jennifer Maas. Discovery’s August dismissal of four top executives from the Oprah Winfrey Network (OWN), theGrio previously reported. Discovery Friday detailed its charges for the second May 8, 2024 · Warner Bros. Warner Bros. At the time, questions swirled Oct 12, 2022 · Updated Oct 12, 2022, 8:41 PM UTC. The write-downs likely include shows like 'Chad' and 'The Last O. Jul 31, 2022 · Warner Bros. Discovery is set to undergo another round of layoffs in Sep 13, 2022 · By Jennifer Maas. Warner Bros Television is cutting more than a quarter of its workforce as part of its parent company’s drive to cut costs. Two key marketing executives in the kids, young adults and classics division of Warner Bros. The company recently laid off around 70 staffers working in sports across brands like Turner Sports May 8, 2024 · Getty Images for The New York Times. On Tuesday, the company's television studio cut 26% of its headcount Sep 13, 2022 · Sources say that the cuts will be coming from both the WarnerMedia and Discovery ad sales teams. Discovery has let go of four top executives, including Karen Grant-Selma and Jennifer Giddens, at the Oprah Winfrey Network (OWN), Variety has learned exclusively Jun 30, 2023 · Warner Bros. js ma qr fe xc ab eo qc df rp