Warner Bros. cents. Discovery laid off 100 employees Tuesday as part of a planned downsizing of the company’s advertising sales divisions that had been in the works since Discovery closed its merger with WarnerMedia in April, diverse Made sure on.
These cuts are part of a previously reported and projected 30% reduction overall across the advertising sales division, a segment of the combined company with many redundancies, in the coming weeks. However, not all exits will be layoffs, according to an individual familiar with the situation. An unknown number of these departures will be negotiated deals, while others will be retired.
More is coming.
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