Discovery Communications To Lay Off More than 200 Employees in October
Some of the remaining Silver Spring staff will relocate to New York City and Tennessee
The Discovery building in downtown Silver Spring
Discovery Communications is planning to lay off 212 employees on Oct. 1 as it prepares to relocate its headquarters in downtown Silver Spring to New York City in 2019, according to the Washington Business Journal.
The state received notice from the company Wednesday when Discovery filed a Work Adjustment and Retraining Notification about the layoffs with the Department of Labor, Licensing and Regulation.
The company announced in June it had selected a building at 230 Park Ave. South in New York City’s Flatiron District as the home of its new global headquarters. Its national headquarters is now based in Knoxville, Tennessee, at the former headquarters of Scripps Networks Interactive, which Discovery acquired in March.
Discovery employs about 1,300 people. Some of its existing workforce will relocate to other Discovery locations, according to a company spokesperson.
“A big population of employees will transfer to New York,” the spokesperson said Wednesday.
Other employees will move to Knoxville and a “creative hub” at a location yet to be named in Maryland, while others will be transferred to the company’s existing technology hub in Sterling, Virginia.
“We will increase the presence in Virginia,” the spokesperson said, referring to the number of employees.
Other layoffs could occur as part of the company’s relocation. The spokesperson would not provide a comment on the situation or when or how many employees may be affected.
According to the Journal, Discovery is close to choosing a buyer for its 10-story, 500,000-square-foot headquarters at One Discovery Place at the intersection of Georgia Avenue and Colesville Road. Potomac-based real estate developer Foulger-Pratt and Philadelphia-based Rubenstein Partners are the top contenders.