November 26, 2020
Business News

Upended by the coronavirus WarnerMedia slashes 600 workers – Los Angeles Times

WarnerMedia began slashing its workforce Monday, laying off at least 600 employees as movie theater shutdowns and streaming competition ravage its film and TV business.
The bulk of the job cuts came from the legendary Warner Bros. studio in Burbank, known for Wonder Woman, The Big Bang Theory and the Harry Potter movie franchise. High-level studio executives ousted were Ron Sanders, Warner Bros. motion picture distribution chief; Jeffrey Schlesinger, worldwide television distribution chief; and…

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