Movies

Warner Bros lays off 50 employees from Home Ent. dept

MUMBAI: In a move that would affect about 1 per cent of the company’s domestic workforce, Warner Bros. has laid off 50 employees in its home entertainment and consumer products divisions.


“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 total number of employees and positions impacted by these reductions is a relatively small percentage of our domestic workforce," the studio said in a statement. 


The Warners cutbacks are part of a larger industry pattern that has seen a number of studios reducing jobs mostly in their home entertainment divisions, because of falling DVD sales, off late.


Earlier this week, Disney effected sweeping cuts by announcing that 250 jobs would be eliminated primarily in its distribution operation. On the other hand, Lionsgate cut 10 jobs in its home entertainment division while Fox cut 12 positions in its home entertainment division and ten in its IT department.


 

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