Warner Bros. Discovery Sets New Round of Layoffs in Cable TV Divisions

As Warner Bros. Discovery continues to cut costs, the David Zaslav-led media giant will implement a new round of layoffs, TheWrap has learned.

An individual familiar with the matter tells TheWrap the cuts are in the double digits but expected to impact under 100 employees in the company’s cable TV business, which includes TNT, TBS, CNN, Food Network, Discovery, TLC, Cartoon Network and Turner Classic Movies. The person added that no particular channel was impacted more than others and that no specific function was targeted.

The layoffs come as WBD recently reorganized the company into two operating divisions — Global Linear Networks and Studios & Streaming — fueling speculation that a spinoff of its linear business similar to Comcast’s Versant could be in the works. In August, Warner Br