MORE LAYOFFS: Time Warner Inc. has already made significant layoffs in its Time Inc. division and, now, it has moved on to Warner Bros., where 800 positions will reportedly be eliminated in the coming months due to the global economic situation and current business forecasts. The studio behind hits such as “The Dark Knight” is planning a combination of layoffs, job outsourcing to a third-party company and eliminating open positions. “These staff reductions and organizational changes, which are being made at every level across both corporate and divisional businesses, were our last resort to help position the company for its future,” said chairman and chief executive officer Barry Meyer and president Alan Horn in a memo to employees. Perhaps more details will unfold during Time Warner’s fourth-quarter and full-year earnings call, which is set for Feb. 4. — A.W.
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