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Warner Bros. Discovery to spend more than $1 billion downsizing

Por: Los Angeles Times Business October 25, 2022

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Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses. In a Securities & Exchange Commission filing Monday, the company warned that the estimated cash expenditures from the organization restructuring, facility consolidation activities and other contract termination costs will be in the range of approximately... + full article



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