WarnerMedia layoffs are underway, CEO Jason Kilar revealed to employees in an email on Tuesday. TheWrap has obtained that internal memo.Kilar is holding a town hall meeting tomorrow to discuss the reorg with staff.“Today, we have arrived at a number of difficult decisions that are resulting in a smaller WarnerMedia team,” he wrote. “This is a function of removing layers and the impact of consolidating previously separate organizations.”Job cuts will begin today in North America, Kilar said.
They are continuing to evaluate the non-US businesses. Kilar says those impacted will receive severance, healthcare and professional services.“To our colleagues who are leaving, I wish there were words to lessen today’s pain.
Read more on thewrap.com
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