Warner Bros Discovery Layoffs: Media Giant Lays Off Dozens of Employees From Sports Division in Second Round of Firing, Says Report
New Delhi, May 17: Amid ongoing layoffs season, Warner Bros. Discovery has reportedly laid off dozens of people from sports division. According to a report of Business Insider, more than 50 employees have been fired by Warner Bros. Discovery in fresh round of layoffs. The firings were announced on May 16.
It appears that WBD Sports will continue to be active when it comes to negotiating for available sports rights. The on-screen programming quality is not expected to suffer as a result of these cuts. Vodafone Layoffs: British Telecom Giant To Slash 11,000 Jobs Over Three Years, CEO Margherita Della Says ‘Performance Hasn’t Been Good Enough’.
WBD Sports boasts a big portfolio of media rights such as the NBA, MLB, and NHL, multiple sports networks in Turner Sports and Eurosport Networks. Zepz Layoffs: Money Transfer Service To Fire 26% Workforce As Optimization Measure.
The majority of those laid off worked for the division’s Turner Sports and Bleacher Report brands. Turner Sports handles broadcasts for major sports leagues such as the NBA and NHL, while the Bleacher Report is a website and video series focused on sports culture. Warner Bros. Discovery has till now cut over 10% of its workforce through the layoffs, including open positions that will remain unfilled.
(The above story first appeared on Today News 24 on May 17, 2023 01:03 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).