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Brad Schwartz’s memo regarding CW layoffs

Team:

Today we had to make one of the hardest decisions a company can make—eliminating a number of positions. Saying goodbye to talented friends and colleagues is painful and deeply personal, and I know that each of these individuals has been a vital part of who we are. We are making these changes not because they are easy, but because we believe they are necessary to build a stronger future for The CW.

Legendary media executive Peter Chernin once said, “The only jobs worth taking are the ones where you get to start something or the ones where you get to fix something.” We’ve worked tirelessly over the past two years to evolve and reimagine The CW, against both tough competition and incredible change in our industry. It’s hard to believe everything we’ve accomplished in such a short amount of time. The journey has been challenging and meaningful, and there is still lots of work to do.

We will continue to transform the network to reach a broader and larger audience, continue our march to profitability, and continue to position The CW for long term success.

We are moving forward into 2025 with more live sports than ever, including the NASCAR Xfinity series, WWE NXT, PAC-12 Football, ACC Football and Basketball, and more. We’re producing exciting new game shows like Scrabble and Trivial Pursuit, unscripted hits like Penn & Teller: Fool Us and Police 24/7, and returning scripted favorites like Sullivan’s Crossing, Wild Cards, and All American.

As we look to the future, we remain committed to staying nimble, always open to change, and willing to adapt and grow. To those who are leaving, I’d like to thank you for everything you’ve done to shape The CW. To those continuing on, let’s keep working hard, pushing boundaries, and building something we can all be proud of.

Sincerely,
Brad

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