AT&T's WarnerMedia began layoffs in the U.S. as part of its restructuring to increase focus on the streaming video business, and its HBO Max flagship in...
https://www.mediapost.com/publications/article/357704/more-layoffs-at-warnermedia-at-least-1k-reportedl.html
WM folks are among the most highly compensated at AT&T. Each reduction is the equivalent savings of 1.5 AT&T Telecom employees. Although, none of us relish the thought of anyone loosing their income. Now if only the COC applied to those that will remain. Some of our holdings like CNN are an embarrassment. But their Screen Actors Guild contracts are like Kryptonite to the Stankster.