Friday, 24 March, 2023

HBO Max loses 70 employees due to layoffs

<p>HBO&#39;s newly combined parent company, Discovery, is reducing human expenses. 70 people will be affected by the 14% layoffs of the personnel under Chief Content Officer Casey Bloys of HBO and HBO Max. The casting, acquisitions, and foreign departments of HBO Max were affected by more cuts. The restructuring took place following the official merger of AT&amp;T&#39;s WarnerMedia and Discovery Inc. According to the terms of the deal, AT&amp;T received $43B in Cash and debt.</p>