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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 Layoffs: Streaming Marketing Latest Division To Be Hit

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deadline.com

The Warner Bros. Discovery layoffs continue. Deadline understands that WBD Streaming Marketing, which promotes its shows across its digital platforms, is the latest division to be hit.

WBD confirmed the cuts were happening today but did not disclose how many positions were being eliminated. RELATED: Warner Bros TV Layoffs: Studio Cuts 26% Of Workforce, Unscripted & Animation Divisions Merge Functions It comes after Warner Bros.

Television was hit by layoffs yesterday with some 26% of its workforce cut, a total of 125 positions. HBO and HBO Max laid off 14% of staff in August and some 30% of its ad sales operations were affected last month.

Other areas such as IT operations are also understood to be affected. All of this comes as Warner Bros. Discovery attempts to make at least $3B in savings following the merger.

Read more on deadline.com
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