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Warner Bros. Discovery Starts New Round Of Layoffs
Deadline understands that cuts have started across the company including at Max and in areas of production, business affairs and finance.
We hear that pink slips have started being distributed across the company including at Max and in some areas of production, business affairs and finance. Insiders say that this round is significantly smaller than previous cuts and it will impact small pockets of people in a variety of business areas. This year, companies that made layoffs include Amazon, Netflix, NBCUniversal, YouTube, Roku, Sony, Marvel, Fifth Season, Lionsgate, Starz, Chernin Entertainment, Blumhouse, and most talent agencies including CAA and UTA, leading to one veteran TV executive to call it “a full-scale depression for the entertainment industry”.
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