BusinessInnovationTechnology

Charter Communications Announces 1,200 Workforce Reductions in Corporate Restructuring

Charter Communications is eliminating approximately 1,200 positions as part of operational streamlining efforts. The cuts will primarily impact corporate and back-office roles while sparing customer-facing employees. This restructuring comes as the cable giant progresses toward a major merger with Cox Communications.

Major Workforce Reduction at Charter

Charter Communications is implementing significant workforce reductions, with plans to cut approximately 1,200 positions, according to reports from The Wall Street Journal. The job cuts represent roughly one percent of the cable giant’s total workforce of 95,000 employees.

BusinessEntertainmentMedia

Warner Bros. Discovery Explores Full Company Sale Amid Acquisition Interest

Warner Bros. Discovery has officially put the entire company up for sale after receiving multiple unsolicited offers. Wall Street analysts project acquisition bids could range from $21 to $30 per share as streaming competitors and media giants circle the potential deal.

Sale Process Officially Underway

Warner Bros. Discovery has placed the full company on the auction block after receiving what sources describe as “unsolicited interest” from multiple potential buyers. According to reports, the media and streaming giant announced Tuesday that it is reviewing all options for a complete or partial sale. The company is simultaneously considering splitting its streaming and studios business from its global news networks, though a full sale has now been formally put on the table.