There is no easy way to deliver today’s message. As you know, we at Warner Bros. have committed to reducing costs across the company in order to meet our long-term financial targets, and that includes cutting staff. These changes are challenging, but we believe they will allow us to reallocate resources and position the company for growth and stability in the years ahead.
We’ve now completed much of our company-wide review, and most business groups will be announcing staff changes this week, beginning today. However, some groups, including Finance, MIS and Technical Operations, have been engaged in more complex reorganizations; they will make some staff changes now, ...
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