Warner Bros. Lays Off 50 Employees
The layoffs, about 1 percent of the domestic work force, affect the home entertainment and consumer products divisions.
Warner Bros. has laid off 50 employees in its home entertainment and consumer products divisions, affecting about 1 percent of the company’s domestic workforce.
“As part of the continual review of our business operations, Warner Bros. Entertainment will be undertaking limited staff reductions in our home entertainment and consumer products divisions," the studio said in a statement. "The total number of employees and positions impacted by these reductions is a relatively small percentage of our domestic workforce."
The Warners cutbacks are part of a larger industry pattern that has seen a number of studios eliminating jobs, mostly in their home entertainment divisions, because of falling DVD sales, in recent days.
The layoffs affect about 1 percent of the domestic work force in the company.
Earlier this week, Disney announced the most sweeping cuts, announcing that 250 jobs will be eliminated, primarily in its distribution operation.
Lionsgate cut 10 jobs in its home entertainment division. And Fox cut 12 positions in home entertainment and 10 in its IT department.