Trumpy Billionaire’s Offer to Staff Backfires Spectacularly
Summary
Clive Brunskill / Getty Images The Ellisons’ news gamble has not paid off. The Trump-affiliated billionaire family has promised its Wall Street backers that it will find $6 billion in savings after Skydance purchased Warner Bros. Discovery. As part of that, David Ellison is offering staff at its newly acquired Mark Thompson-led CNN and pre-existing Bari Weiss-headed CBS News the opportunity to take a lucrative buyout to leave the company by the end of the year.
Description from The Daily Beast.
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Trumpy Billionaire’s Offer to Staff Backfires Spectacularly
Clive Brunskill / Getty Images The Ellisons’ news gamble has not paid off. The Trump-affiliated billionaire family has promised its Wall Street backers that it will find $6 billion in savings after Skydance purchased Warner Bros. Discovery. As part of that, David Ellison is...
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