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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Warner Bros. Discovery Begins to Lay Off Hundreds of Workers (Report)

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thewrap.com

Axios.Up to 30% of the combined sales teams of the merged company are expected to be cut. The move comes as Warner Bros. Discovery cleaned up Monday night at the Emmys and bested all other companies with the most Emmy wins.

According to Axios, “the cuts will be coming from both the WarnerMedia and Discovery ad sales teams.”The layoffs are the latest in Warner Bros.

Discovery CEO David Zaslav’s dual moves to reduce costs by up to $3 billion as well as to shift the strategy for the company’s streaming services, HBO Max and Discovery+.

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