Anabelle Colaco
03 Aug 2025, 08:57 GMT+10
LOS ANGELES, California: Warner Bros Discovery will cut around 10 percent of staff from its motion picture group as part of a broader restructuring effort ahead of its planned corporate split, a source familiar with the matter said.
The layoffs will affect employees across departments, including marketing, distribution, and production, though the total number of affected workers was not disclosed.
In a memo to employees, Motion Picture Group Co-Chairs Pamela Abdy and Michael De Luca said leadership began reviewing the division's structure earlier this year. The decision was made to "transform our business as we transition from a US Home Office/International model to a fully global structure," the memo stated.
The move comes as Warner Bros Discovery prepares to separate into two publicly traded entities. One, retaining the Warner Bros name, will include the film studio and HBO Max streaming service. The second, to be called Discovery Global, will oversee cable networks such as CNN and TNT, as well as the Discovery+ streaming platform.
Media companies are undergoing major realignments to stay competitive in the evolving streaming landscape. Warner Bros Discovery's restructuring aims to improve efficiency and focus content strategy within each business unit.
The studio's film division struggled in 2024 with several box office disappointments, including "Joker: Folie à Deux" and "Furiosa." However, it has seen a turnaround in 2025 with strong performances from releases like "A Minecraft Movie," "Sinners," and "Superman."
Get a daily dose of New York Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New York Telegraph.
More InformationLOS ANGELES, California: Warner Bros Discovery will cut around 10 percent of staff from its motion picture group as part of a broader...
WASHINGTON, D.C.: With the clock ticking toward a self-imposed trade deal deadline, U.S. President Donald Trump has announced steep...
LONDON/NEW YORK: U.S. President Donald Trump's tariffs are designed to strengthen domestic manufacturing. But in the chocolate industry,...
BERLIN, Germany: Luxury car brands Porsche and Aston Martin have raised vehicle prices in the U.S., as European carmakers brace for...
WASHINGTON, D.C.: U.S. President Donald Trump declared on July 30 that his administration will impose a 25 percent tariff on imports...
NEW YORK, New York - The latest jobs report, coupled with the disclosure of President Donald Trump's new tariffs rattled stock markets...
LONDON/NEW YORK: U.S. President Donald Trump's tariffs are designed to strengthen domestic manufacturing. But in the chocolate industry,...
PARIS/NEW YORK: Luxury brands are walking a tightrope in the U.S. after fresh tariffs threatened to squeeze profits at a time when...
BEIJING/SHANGHAI/NEW YORK: Nvidia has placed an order for 300,000 more H20 chips with contract manufacturer TSMC, two sources told...
NEW YORK CITY, New York: Tea, a controversial dating app that allows women to anonymously review and comment on their experiences with...
NEW YORK CITY, New York: Marc Jacobs, once a crown jewel in LVMH's fashion portfolio, may soon find a new home. The French luxury conglomerate...
(Photo credit: Bill Streicher-Imagn Images) Tarik Skubal struck out 10 in seven innings and Detroit's offense supported him with...
