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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 Lays Off 100 Employees as Part of Previously Planned Ad Sales Downsizing

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variety.com

Jennifer Maas TV Business Writer Warner Bros. Discovery enacted 100 layoffs Tuesday as part of a planned downsizing of the company’s ad sales departments that had been in the works since Discovery closed its merger with WarnerMedia in April, Variety has confirmed.

These cuts are part of a previously reported and expected 30% reduction overall across the ad sales division, a sector of the merged company with many redundancies, in the coming weeks.

However, not all of the exits will be layoffs, according to an individual with knowledge of the situation. An undisclosed number of those departures will be negotiated deals, while others will be retirements.

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