AT&T’s WarnerMedia announces reorganization that WSJ reports could lead to significant layoffs:
AT&T Inc.’s T, -0.38% WarnerMedia announced Monday a reorganization to consolidate all its affiliates and ad sales groups under one structure, with its units organized under entertainment networks, live programming, content production and affiliate and advertising sales. The Wall Street Journal reported, citing sources, that significant layoffs are expected as part of the reorganization. [Cont.]
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