TV series have been dominating the headlines ever since Warner Bros. and Discovery merged, and now HBO and HBO Max are also making cuts. According to THR, they infer that 14% of HBO Chief Content Officer Casey Bloy's team (about 70 people) have been laid off. The layoffs are part of the latest cost-cutting efforts since the merger of Warner Bros. and Discovery Channel, as CEO David Zaslav seeks to save $3 billion in costs. HBO Max's original reality, casting, international and acquisitions departments were reportedly the most affected by the layoffs. The layoffs will also lead to a reorganization of HBO's internal leadership, but will not lead to the cancellation of HBO Max's original content as some rumors have suggested. The report said that HBO Max will continue to produce its original content, including "Sex and the Happiness of College Girls" and "Gossip Girl". The report also said that Warner Bros. is expected to explore more layoffs in other departments, but these are all the layoffs expected by HBO. Earlier this month, we learned that HBO Max and Discovery+ would be combined into a single streaming platform starting next year, and Warner Bros. began making major changes. This led to the company beginning to take cost-cutting measures, including canceling DC's almost-finished Batgirl movie, among other projects. |
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