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Bad news ahead for employees of Warner Bros. here in Burbank. According to cbs2.com, the studio "plans to lay off scores of studio staffers and outsource jobs to India and Poland to cut costs amid falling entertainment revenues." The layoffs will be focused on back-office workers whose jobs involve "information systems, finance and accounting," from multiple divisions in the studio's operations. Warner Bros. currently employees 8,000 people worldwide; their last major rounds of cuts that hit close to home happened in 2005, when 300 of the 400 jobs cut came from the Burbank lot. No other information about the pending job losses has been made available.
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They already laid off many animated characters. The famous cartoon billboard at Olive and Pass was taken down a few weeks ago. :(
That's right, BRATMix! We wrote about it a couple of weeks ago.
Tough times all over!
I'm sure that the top executives are also taking pay cuts. Right? Oh, yeah, I forgot that outsourcing isn't about saving the consumer money, it's about consolidating all the wealth in this country into the fewest possible hands.