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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 Jason Kilar Entertainment stars information president Warner Bros Jason Kilar

Warner Bros. Marketing Chief JP Richards to Exit Studio (EXCLUSIVE)

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variety.com

WarnerMedia.In a memo Tuesday, WarnerMedia CEO Jason Kilar informed the staff that numerous jobs would be cut in the coming days.

Cuts are expected to affect 5-7% of the company’s workforce, which will result in thousands of layoffs. WarnerMedia has recently made sweeping changes to its corporate structure, placing a bigger emphasis on its newly launched streaming service HBO Max and streamlining other aspects of their entertainment business.

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