MegaRAID01 t1_is6iq30 wrote
Reply to comment by ChangeUpstairs3352 in Cartoon Network Marketing Execs Latest to Go in Warner Bros. Discovery Layoffs by MarvelsGrantMan136
The overall company had $3.4B in losses in the 2nd quarter (a lot of which was merger related), is deeply in debt, and need to cut costs as quickly as possible.
lordDEMAXUS t1_is9h4s1 wrote
I feel like more than any other decision, merging with WB under the terms that were given was the most stupid decision that Discovery made.
taydraisabot t1_isalv3h wrote
They’re losing more money than actually saving it…
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