Warner Bros. Discovery Announces New Cable TV Job Cuts

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Source: Deadline
TL;DR Summary

Warner Bros. Discovery is conducting a new round of layoffs primarily affecting its cable TV divisions, including networks like Discovery Channel and TLC, as part of a broader restructuring following financial challenges and a company split into two divisions. This move mirrors similar actions by other media giants like NBCUniversal and Disney, amid declining revenues and profits in the traditional linear networks sector.

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