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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 Starts New Round Of Layoffs

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deadline.com
deadline.comdeadline.com:

EXCLUSIVE: The fragile state of the film and television business continues with another set of layoffs hitting the industry.

Deadline understands that Warner Bros. Discovery is making more cuts this week as part of another round of cost-cutting measures.

We hear that pink slips have started being distributed across the company including at Max and in some areas of production, business affairs and finance.

It comes a year after a round of layoffs that led to the departure of a number of network executives in its cable business. Insiders say that this round is significantly smaller than previous cuts and it will impact small pockets of people in a variety of business areas.

Read more on deadline.com
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