Reuters: $WBD to Cut 1,000 Ad Jobs

This sounds less like a slowdown of the ad business and more like trimming ad staff after a major merger between Warner Bros. and Discovery:

Reuters headline: Warner Bros Discovery to cut nearly 1,000 ad sales jobs - source
By Akash Sriram

June 14, 2022
6:25 PM EDT
Last Updated 5 hours ago…

June 14 (Reuters) - Warner Bros Discovery Inc (WBD.O)is looking to cut up to 30% or nearly 1,000 jobs in its global advertising sales team, a person familiar with the matter told Reuters.