Layoffs are currently underway at the Warner Bros. Motion Picture Group as the storied movie studio attempts to streamline its structure and save costs. The layoffs will reduce the staff by about 10 percent. The operation, which does business around the globe, had a total head count of under 1,000 employees, according to insiders.

Warner Bros. Discovery is no more. They are breaking up. Ryan Faughnder, Senior Editor of The Times’ Hollywood Inc. team breaks down what happened, why and how Paramount, fresh off their merger being approved, can learn from Warner Bros’ Discovery’s mistakes.

Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have continued to bleed over from last year’s avalanche of job cuts. The unfortunate trend can still be felt following the COVID-19 pandemic,