DISCOVERY SLASHES PAYROLL AT SCRIPPS INTERACTIVE

Discovery Inc. cut more jobs at the former Knoxville headquarters of Scripps Networks Interactive, which Discovery bought in March.

The sign was just recently put outside the building so those who lost their jobs know who to hold responsible.

A company spokesperson confirmed the job cuts, but refused to say how many people would lose their jobs.

Staffers received pink slips just as Discovery CEO David Zaslav signed a new, lucrative contract that would keep him at the media company through 2023.

Evidently, the headcount at the Knoxville office will remain the same, because Discovery is moving a chunk of its operations to that office, as well as New York City, while closing a Maryland office.

Scripps employed about 1,000 in the Knoxville area prior to its acquisition.

More News from Thursday, August 16, 2018