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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 TV Layoffs: Studio Cuts 26% Of Workforce, Unscripted & Animation Divisions Merge Functions

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deadline.com

Warner Bros Television is cutting more than a quarter of its workforce as part of its parent company’s drive to cut costs. The studio is cutting 26% of personnel, a total of 125 positions, across scripted, unscripted and animation.

Deadline revealed Monday that cuts would likely come today and we revealed earlier that Warner Bros. TV was shutting down digital production arm Stage 13 and its Warner Bros Television Workshop – a key plank in finding and mentoring new and diverse talent.

These cuts come with a number of structural changes put in place by chairman Channing Dungey, particularly in unscripted and animation.

She called the move “incredibly difficult” as she pointed to a “tumultuous time” in the industry (read her full memo to staff below).

Read more on deadline.com
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