Warner Bros. Discovery Begins Ad Sales Team Layoffs, Gives Upfront Update

Jon Steinlauf said the company has 'a different paradigm this year'

Following its $43 billion merger in April, Warner Bros. Discovery has already taken several cost-cutting measures, with CEO David Zaslav looking to trim $3 billion from the two companies. Now, in the middle of the company’s first combined upfront, the downsizing has reached the ad sales team.

On Tuesday, The Information reported that Warner Bros. Discovery could cut up to 30% of its ad sales staff. Axios added to the report, releasing an internal Warner Bros. Discovery memo sent from ad sales chief Jon Steinlauf to U.S.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in