A new round of layoffs has hit Warner Bros. Discovery, though the number of employees affected in this wave is fewer in comparison to the sweeping cuts made across the David Zaslav-led company last year.
Sources tell Variety that nearly 1,000 employees will be laid off across a few sectors in a new cost-cutting move at WBD, including finance, business affairs, production and at streamer Max. The insider says the vast majority of the eliminations were in the finance division, with less than 10 Max staffers affected in total.
Not all employees included in the layoffs have been informed of the decisions at the time of publication.
https://variety.com/2024/tv/news/warner-bros-discovery-lays-off-1000-employees-finance-max-1236074169/