Next on the chopping block...
Next on the chopping block...
Giant Forehead Syndrome...
somebody should start a research foundation or something.....
Time to SLICE & DICE!
It’s a woke company and as such cannot leave the universe soon enough.
Good riddance to smelly, putrid garbage.
For the C suite, this is how corporate mergers work out. I’m sure none of them were surprised.
I remember when there were just CEOs. What’s with all the other Cs?
What hyperbole. People get laid off or fired all the time but with 99% less drama. I’ve been laid off or fired several times. Each time I landed in a better place with more money. It’s just part of life. Not a massacre or a bloodletting...holy smoke what a bunch of drama queens. Come on take it like a...*uhm*...whatever you identify as.
They should all be thrilled now that they have extra free time to go watch the little boys play in the park.
I’ve worked for two large companies that both went through mergers of equals . It was horrible in both cases. The employees of both company worry day by day what will become of their job. There was at least one suicide.
If you find yourself in a similar situation, leave.
“But, but, I am woke to the max and curse the orange man bad every day. We need to be more woke!”
And that is the reason WarnerMedia folks are being fired. Because they are that stupid. WarnerMedia was SOLD because it was failing. Discovery BOUGHT them, because Discovery is succeeded and is expanding.
Failing companies are failing because 1) bad management. Bad management must be fired for the new company to succeed where the old management failed. Also, bad management infects down ranks and those failed staff must go. Hopefully, the few people at Warner that were not losers will be kept. But isn’t that a bit like Abraham asking God to spare Sodom and Gomorrah if there can be found 10 good ones?
With their investments, severance packages, and connections, none of them will be living out of a shopping cart anytime soon.
Kilar was due a $20 million payment if he was still on the payroll on May 1. My guess is he will still be on the payroll on May 1 and get his $20 million in return for firing a number of the on-air personalities and other considerations to help make the transition smoother than it might otherwise have been.
Better to pay him that money than get sued for it since it isn’t a for cause termination.
“Licht said his one directive as incoming CNN president is to ensure that it ‘remains the global leader in news’ “
remains???
dude, that ship sailed a LONG time ago ...
Not only because of bias and incompetence, but these mergers have to be paid for somehow, and the first way is by “synergies” that occur when two companies become one. They don’t need two CEOs, two CFOs, two general counsels, etc and on down the line. Director level managers will be given new reports and the other company’s directors will be canned. HR, accounting, etc will be consolidated and eventually lots of people will be let go and those left will be given more to do. This is aside from operational changes that Discover will no doubt make to put CNN on a different course.
I presume they’re all flaming libs who voted against Trump so no sympathy here. You got what you asked for.
Oh I sure hope so. From recent accounts stelter’s firing is a strong possibility. Couldn’t happen to a nicer POS
Damn!
Dude looks like a dildo with ears!
