HBO Cuts About 70 Staffers as Parent Looks to Trim Costs

HBO is laying off about 14% of its workforce, people familiar with the matter said, the latest move in a broader round of cost-cutting by the new leadership at parent Warner Bros. Discovery

Of the 70 jobs being cut, the bulk are at HBO Max, the company’s main direct-to-consumer streaming service that launched in 2020, the people said.

This post first appeared on wsj.com