Warner Bros. Axes 10% Of Global Workforce
Jan 20, 2009, 5:55 PM
Warner Bros. Entertainment movie studio is cutting nearly 800 jobs, or 10 percent of its global workforce, reports AP. The job losses, across all divisions, came despite the company's success with the film "The Dark Knight." The studio reported a 9% drop in 3Q revenue. Warner Bros. is part of Time Warner.