Warner Bros Discovery Slashes 10000 Jobs Amid Trading Volume Drop to 117th Rank

On July 21, 2025, Warner's trading volume was 8.03 billion, a decrease of 46.43% from the previous day, ranking 117th in the day's stock market.

Warner Bros. Discovery (WBD) has announced a significant restructuring plan aimed at enhancing operational efficiency and cost management. The company plans to reduce its workforce by approximately 10,000 employees, which represents about 20% of its total staff. This move is part of a broader strategy to streamline operations and focus on core business areas, particularly in the streaming and content production sectors.

In addition to the workforce reduction, Warner Bros. Discovery is also exploring strategic partnerships and potential acquisitions to bolster its market position. The company is in talks with several industry players to expand its content library and enhance its streaming services. These partnerships are expected to drive subscriber growth and increase revenue streams.

Warner Bros. Discovery's restructuring efforts come at a time when the entertainment industry is undergoing significant changes, with a shift towards digital content consumption. The company's focus on cost management and operational efficiency is seen as a proactive measure to navigate these challenges and maintain competitiveness in the market.