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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.”

January 11, 2009

Warner Bros. plans to outsource jobs

Filed under: entertainment,US — 7macaw @ 8:14 am
Tags: , , ,

A report says Warner Bros. plans to lay off some studio staffers and outsource jobs to India and Poland to cut costs amid falling entertainment revenues.

Although details of the layoffs at Warner are still to be determined, they are nonetheless expected to affect scores of “back office” workers in management information systems, finance and accounting.

Warner has about 8,000 employees around the world. In 2005, the studio cut about 400 jobs, including about 300 at its lot in Burbank.

Source: LA Times

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