January 20, 2009

Warner Bros. to cut 800 jobs as Hollywood down

According to Reuters: “Warner Bros. Entertainment plans to cut 800 jobs, or 10 percent of its worldwide staff, as Hollywood outsources and downsizes under the weight of the current recession.

The job cuts at Warner follow staff reductions at other major media companies. General Electric Co’s NBC Universal and Viacom, owner of Paramount, have already cut jobs.”

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