/Warner Bros. Lays off Employees

Warner Bros. Lays off Employees

One of the biggest entertainment production house Warner Bros. has laid off 50 employees in its home entertainment and consumer products divisions.

The Hollywood Reporter, one of the biggest online entertainment website reported that it will affect about one 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.”

Warner’s job cut came after seeing the market on a larger industry pattern that has left many studios eliminating jobs, mostly in the home entertainment divisions, as DVD sales have fallen badly, in recent times.

Earlier this week Disney too has laid off nearly 250 employees, prominently in its distribution operation.