https://insider-gaming.com/mortal-kombat-developer-netherrealm-studios-hit-with-mass-layoffs/
Warner Bros. Discovery to Lay Off Nearly 1,000 Employees
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... — read more
CNN announces more layoffs as it preps for a future beyond cable TV
CNN is cutting jobs and restructuring its news operations as part of ongoing efforts by the company to boost its digital offerings and be less dependent on its cable news... — read more
WBD Layoffs 2024
Just starting a generic discussion about Warner Bros. Discovery layoffs in 2024. Any chatter, news or rumors?
merger
anyone know what to expect? very possible this actually goes through and zas sails off into the sunset with a giant bag of money.
Come on in and get let go!
Yes we need this role filled ASAP. It’s a critical role for our future success. 3 months later - sorry your boss was let go and your entire group is also no longer needed. If you have a job don’t go here - they picot strategy and upper management... — read more
Titles that instil confidence
1 Obvious Reason to Avoid Warner Bros. Discovery Stock Like the Plague https://www.fool.com/investing/2023/10/02/1-obvious-reason-avoid-warner-bros-discovery-stock/
401k in the gutter
3 reasons https://wbd.com/guiding-principles/ https://wbd.com/dei/ https://wbd.com/esg/
wga strikes
congrats to the wga. you sat out almost half the year only to return to working conditions that are even worse than when you left them. and now amptp has 3 years to make sure they never have to deal with you again. make sure you send fran drescher... — read more
Zas, just go away!
What a joke, Zas actually thinks he is doing a good job! He is not qualified to run a sidewalk lemonade stand. He made a lousy deal with Stankey at at&t. Paid way too much for Warner, in addition to taking on uneeded debt to close the deal. Zas... — read more
Strikes Saved Warner $100M From Strikes
sort of hard to maintain a strike when you have no leverage. Zaslav and Wiedenfels are laughing in the faces of the WGA and SAG-AFTRA, whose leadership clearly don't understand the landscape of the... — read more
Kim Page Exits As SVP Communications At Warner Bros Discovery
Veteran communications executive Kim Page has departed Warner Bros Discovery, where she served as SVP Internal Communications and was a member of WBD Chief Corporate Communications Officer Nathaniel Brown’s senior executive... — read more
Strike!
Enough is enough.
TCM to close UK service
https://www.broadbandtvnews.com/2023/06/26/tcm-to-close-uk-service/
Unsustainable
Yes, The Flash is a holdover from the previous regime but the execs were touting this as the blockbuster that was going to save us all from further job cuts. I'm sorry, but James Gunn isn't going to turn this thing around for DC and frankly, between... — read more
Warner Bros. Discovery TV Layoffs Begin: Who’s Leaving?
The layoffs, which were described by insiders as “pockets of refinement” rather than wholesale cuts, are happening in its cable TV business, which includes the Discovery-branded cable networks and Turner... — read more
Zaslav Now Licensing Content To Netflix....?
This is on the heels of more executive layoffs with even more to come in the middle of a writer's strike. The "streaming wars" looks more like a food fight with everyone covered in egg. How exactly is WB, or Paramount or Disney for that matter... — read more
Chris Licht Out -- As Predicted
The irony is that in one or two years' time, chris licht is going to experience the same kind of difficulty. zaslav couldn't have picked a worse guy to turn around the trump derangement syndrome network after colbert couldn't even consistently beat... — read more
Even more layoffs on the way
Warner Bros. Discovery Set For More TV Layoffs This Summer Deadline understands that the company is expected to cut some roles in its cable TV business, which includes the Discovery-branded cable... — read more
Good
https://news.yahoo.com/david-zaslav-booed-boston-university-214617456.html
Warner Bros. Discovery Stock Slides After Max Streaming Rebrand
Off to a great start... https://www.hollywoodreporter.com/business/business-news/warner-bros-discovery-stock-max-1235372644/
Zaslav Took An 85% Paycut
Orchestrating around $4 billion in synergy cuts at the newly consolidated Warner Bros. Discovery last year, company CEO David Zaslav saw his own 2022 compensation drop from more than $246 million the previous year to just $39.3 million. I have my... — read more
"streaming services have yet to become profitable"
"Online content is becoming super competitive and complicated which means the need to prove itself worthy of investors' attention is more important than at any point in the past, certainly since COVID hit," Fitz-Gerald said. "I do not own the stock... — read more
leadership are quite literally re--rded
Kathleen Finch, Warner Bros. Discovery U.S. networks chief content officer: Linear TV will absolutely still be here. When you look at the size and scope of the linear TV business, it’s huge. People still like to sit down as a group in front of the... — read more
Warner Is Buying Again
Word is Zas is ready to buy, but its unclear what the budgets are going to look like compared to previous years (particularly on the Discovery side). Anyone know?
"You opted to be here"
News flash: Company town hall, Zaslav tells the employees, "You opted to be here" as to the fact that they need to/should be embracing his vision. Like a mugger telling their victim who is laying on the ground, "you opted to be here, at least I... — read more
OUCH!
Talk about the wolf being at the front door! Unkie Zas is selling the WBD music library for a cool billion. Zas way overpaid and assumed unneeded at&t debt in the acquisition. The WBD share price is $13, I'm not sure how Zas is keeping the lights... — read more
# of voluntary departures
I know this site is about layoffs, but does anyone have number on voluntary departures? Just the number that i see in the areas i work with is huge. Between involuntary and voluntary the old time warner / warnermedia must be down 50% in the past 2... — read more
"It will be a difficult time for everyone"
The irony is that in one or two years' time, chris licht is going to experience the same kind of difficulty. zaslav couldn't have picked a worse guy to turn around the trump derangement syndrome network after colbert couldn't even consistently beat... — read more
WTF IS THIS? LMAOO
We are doomed. https://ew.com/tv/hgtv-food-network-christmas-movies-first-photos/
Shareholders deserve better.
Wake up Zas! WBD shareholders have had enough. You have ruined Discovery with your acquisition of Warner. Most think Stankey got the better of Discovery. Warner was worth no more than $8B. Zas way overpaid! WBD is now in shambles and will never... — read more
Zas got hoodwinked
3Q results in today, horrible in every aspect. Give it up Zas, you are in way over your head. You paid 4X what Warner was worth. Now WBD is in debt $57B. How does this happen, no way Zas will ever pay off that debt. WBD will be in bankruptcy within 2... — read more
Do you really wanna die on that hill?
Someone should have asked Zas if he was absolutely certain that he wanted to die on that hill prior to the acquisition of Warner Media. Since the acquisition WBD has been on a downward spiral. I think there is a very good chance WBD will declare... — read more
CW Layoffs: More Details Emerge About Executives Who Exited In Tuesday Cuts
https://deadline.com/2022/11/cw-layoffs-executives-names-betty-ellen-berlamino-1235161299/
Some good news for a change
James Gunn, Peter Safran named new heads of Warner Bros.′ DC studios James Gunn and Peter Safran will be the next co-heads of Warner Bros. Discovery’s DC Comics film and TV unit, the company announced... — read more
Outsourcing?
Thinking that there would be a lot of savings from outsourcing the CEO position to Poland or Mexico.
WBD is done!
Zas is in way over his head. Talk about managing decline. There is nothing to look forward to with this company. They can merge all they want, it's still an uphill battle that will ultimately be won by the likes of YouTube. Who would have thought... — read more
Shithole
HBO was something I looked up to. Quality . This company became its own game of thrones and ultimately the iron throne is a hot pile of sh-t
This was a very satisfying read!
Warner Bros Discovery Merger Idiocy Continues With Another Big Round Of Layoffs Despite a series of acquisitions and name changes, the deal has been a giant, monumental, dysfunctional tu-d from the very beginning, showcasing all of the worst... — read more