‘We will continue to be very focused on efficiency,’ says Gunnar Wiedenfels, the new CEO.

Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have continued to bleed over from last year’s avalanche of job cuts. The ...

The CNN star's bumper pay was revealed amid disquiet over parent company Warner Bros Discovery's plans to split into two ...

Warner Bros. Discovery's split will put CNN under new leadership, with forecasts of staff cuts and salary reductions as the ...

The announced split, which will take place next year, is yet another major media upheaval amid the ongoing cord-cutting that ...

CNN reduced its staff by 100 ... services and voice-activated product Google Assistant. NBC News underwent a series of layoffs in January, which affected a double digit number of employees.

New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said Thursday ...

Since Robert Iger returned as CEO in 2023, Disney has carried out thousands of job cuts, with over 8,000 employees let go in ...

Shareholders of CNN parent company Warner Bros. Discovery voted to reject CEO David Zaslav's eye-popping $52million pay ...

In a major and somewhat precedented move, Warner Bros. Discovery has announced that it’s splitting the company into two ...

NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new ...