Part 5/9:
In response to these financial pressures, Warner Brothers Discovery is undergoing significant cost-cutting measures. One of the most noticeable effects has been a wave of layoffs, particularly targeting HBO’s public relations and legal divisions. Insider reports detail that HBO’s PR team has been decimated, with veteran employees departing after years of service. The layoffs are part of a broader effort to reduce expenses amid declining ad revenues and industry-wide labor strikes.