Warner Bros. Restructures Amid Significant Layoffs
Warner Bros. Motion Picture Group is enacting layoffs affecting 10% of its workforce across key divisions. This comes as Warner Bros. Discovery plans to divide into two publicly traded entities. Despite early 2025 setbacks, recent film successes have bolstered the studio's outlook.
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In a strategic shake-up, the Warner Bros. Motion Picture Group has announced a sweeping round of layoffs, trimming 10% of its workforce across marketing, production strategy, operations, and theater ventures, according to entertainment publication Variety.
The restructuring aligns with Warner Bros. Discovery's preparations to split into two distinct publicly traded companies. The first will retain the Warner Bros. brand, overseeing film, television studios, and streaming operations. Meanwhile, Discovery Global will encompass TV networks, Discovery+, and additional assets.
In a company-wide memo, Motion Picture Group heads Michael De Luca and Pam Abdy articulated the rationale behind the layoffs, emphasizing a thorough review of the studio's structure. Despite a rocky start to 2025, recent box office triumphs like 'Sinners' and 'A Minecraft Movie' have restored confidence, highlighted by the global success of 'Superman,' which has grossed over 500 million USD.
(With inputs from agencies.)
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