Warner Bros axes jobs

Warner Bros Entertainment has fired between 250 and 300 employees in a cost-cutting move.

The cuts come during a record year for the studio. But Warner Bros, like other entertainment companies, is bracing for lower revenue in coming years as the growth of the DVD market continues to slow and the TV syndication market shrinks.

All the cuts were at the studio’s Burbank operations, where Warner Bros employs 4,500 workers.