Another round of layoffs has hit Warner Bros. Discovery.
Employees in several different groups across the entertainment company have been impacted, including in the finance division, production and in business affairs. A very small number of employees were also laid off from WBD’s streaming service, Max, according to a source familiar with the matter.
The layoffs come days after CNN, owned by WBD, announced layoffs of 100 staffers, or 3 percent of its workforce. Those layoffs were positioned as part of a broader reorganization of the cable news channel that includes plans to build several new digital products, launch paid offerings around lifestyle journalism and a push into AI.
The company has experienced several rounds of layoffs, including in the lead up to the merger between Warner Media and Discovery, and following, as CEO David Zaslav looked to find billions in cost savings post-merger.
The previous layoffs have included the Warner Bros. TV Group, the HBO Max and HBO teams, the shutting down of CNN+, which impacted hundreds of staffers, and another round of layoffs at CNN.