Warner Bros. Discovery to restructure its business

CNN to lay off dozens as part of major restructuring

Cable giant CNN is planning to lay off dozens of employees and undergo a major restructuring as the outlet looks to retool itself around digital during President Trump’s second term. The

justthenews · 1d

CNN expected to cut 200 jobs, restructure the company

CNN CEO Mark Thompson said its parent company Warner Bros. Discovery is going to invest $70 million to support the company's digital transformation.

The Associated Press on MSN · 1d

CNN is announcing layoffs as part of a further shift to digital business

Under Thompson, CNN has quietly redesigned and offered new features on its CNN.com website. Late last year, it instituted a $3.99 monthly and $29.99 yearly subscription for its heaviest users, and is working on new online products in areas like lifestyle, weather and sports.

Reuters · 1d

CNN to cut jobs by 6% amid digital push

Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal memo seen by Reuters on Thursday.

AOL · 1d

CNN lays off 6% of its workforce as CEO Mark Thompson announces $70 million digital transformation

CNN is laying off 6% of its workforce, or roughly 200 staffers, as the cable network aims to transform its newsroom into a digital-first operation. CNN parent company Warner Bros. Discovery (WBD) plans to invest $70 million into the network's revamp,

14h

Warner Bros. Discovery: Management Finally Seems To Get It - A Forming Bull Case Ahead (Rating Upgrade)

Warner Bros. Discovery moves past structural issues, unlocking value. Read why WBD stock at $10 is a great entry point with a ...

EconoTimes10d

Warner Bros Discovery Adds New Directors Amid Strategic Restructuring

Warner Bros Discovery (NASDAQ:WBD) has appointed Anthony Noto, CEO of SoFi (NASDAQ:SOFI), and Joey Levin, outgoing CEO of IAC ...

10don MSN

Warner Bros Discovery Adds SoFi CEO, Outgoing IAC Chief Executive to Board

(Reuters) - Warner Bros Discovery has appointed Anthony Noto, CEO of fintech giant SoFi, and Joey Levin, the outgoing chief ...

CNN lays off 6% of jobs amid plan to reach $1 billion in digital revenue

CNN announced it's laying off about 6% of its workforce as it takes the next step in a restructuring plan aimed at producing ...

FINAL WBD DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Warner Bros. Discovery, Inc. Investors to Join the Class Action Lawsuit

New York, New York-- (Newsfile Corp. - January 23, 2025) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ...

Warner Bros Discovery's gaming unit chief to step down after 12 years, memo shows

Warner Bros Discovery's gaming unit head David Haddad is leaving the company after 12 years in the role, according to an internal memo seen by Reuters on Thursday.

The Hollywood Reporter10d

Warner Bros. Discovery Adds IAC CEO Joey Levin, Anthony Noto to Board

Levin is set to depart IAC after the spinoff of its ... Business Writer Outgoing IAC CEO Joey Levin and Anthony Noto, CEO of SoFI Technologies, have been named to the board of Warner Bros.

Warner Bros. Discovery, Inc. Is Being Sued For Securities Law Violations And The Schall Law Firm Urges Affected Shareholders To Reach Out

LOS ANGELES, CA / ACCESS Newswire / January 21, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a ...

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