Warner Bros. Discovery expected to slash jobs, restructure HBO Max as earnings loom

Warner Bros. Discovery expected to slash jobs, restructure HBO Max as earnings loom

Warner Bros. Discovery (WBD) has a lot of questions to answer ahead of its earnings report on Thursday.

The three-month-old streaming conglomerate, which is set to report its first quarterly earnings since the $43 billion merger, plans to lay off 70% of its development business, according to The Wrap, which cited “multiple insiders.”

The news has fueled speculation when it comes to the future of HBO Max with sources telling The Wrap that CEO David Zaslav, known for his cost-cutting leadership…


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