The broad restructuring at WarnerMedia is a “natural progression” for the media conglomerate to hone its focus on HBO Max, according to John Stephens, AT&T’s chief financial officer. WarnerMedia laid off hundreds of employees Monday across Warner Bros., HBO and DC Entertainment. That came after a major management shakeup under new CEO Jason Kilar, under […]

BING NEWS:
  • AT&T Dumps Time Warner Business Four Years After $85B Deal
    After the hard-fought $85.4 billion deal for Time Warner was finally closed in 2018, AT&T is now spinning off its resulting WarnerMedia business unit as the carrier continues to focus on its ...
    04/5/2022 - 8:16 am | View Link
  • AT&T Layoffs: Carrier Confirms Cuts Affecting Global Workforce
    AT&T confirmed Monday that it’s in the midst of a round of layoffs this week that sources said affect “a very small portion” of its global workforce in the legacy services part of its business.
    01/29/2019 - 6:22 am | View Link
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