Warner Bros. Entertainment to layoff 800 employees | Startup Meme - Technology Startup and Latest Tech News

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Jan 21 2009

Warner Bros. Entertainment to layoff 800 employees

Shoaib Hashmi 

Warner-Bros-Entertainment_Logo

Warner Brothers Entertainment has announced that the company will be laying off 10% workforce which means 800 employees will lose their jobs. The announcement is in line with the current economic downfall. While making the announcement, the company officials said:

We are very sad to announce that based on the global economic situation and current business forecasts, the studio will have to make staff reductions in the coming weeks in order to control costs.

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