Time Warner Axes 450 New Line Employees

digg Share this on Facebook Huffpost - Time Warner Axes 450 New Line Employees stumble reddit del.ico.us RSS


First Posted: 04-15-08 04:41 PM   |   Updated: 04-23-08 05:12 AM

I Like ItI Don’t Like It
Read More: New Line, New Line Layoffs, New Line Pink Slips, Time Warner, Warner Bros, Business News
New Line

Hollywood Reporter Via Reuters:

Time Warner Inc. began laying off most of the employees at its New Line Cinema unit on Monday, six weeks after deciding to bring the struggling studio under the arm of its bigger Warner Bros. division.

Some 450 employees in New York and Los Angeles will lose their jobs; about 40-50 staffers will remain at New Line in its new life as a genre label. Another 40 New Line employees are being offered positions elsewhere within Warner Bros.

The pink slips will continue Tuesday.

Read the whole story: Hollywood Reporter Via Reuters

Time Warner Inc. began laying off most of the employees at its New Line Cinema unit on Monday, six weeks after deciding to bring the struggling studio under the arm of its bigger Warner Bros. division...
Time Warner Inc. began laying off most of the employees at its New Line Cinema unit on Monday, six weeks after deciding to bring the struggling studio under the arm of its bigger Warner Bros. division...
Filed by Michelle Kung  |  Report Corrections
 
Comments
2
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
- gevan I'm a Fan of gevan 19 fans permalink

Will the 450 layed off New Line employees be bitter?

    Favorite    Flag as abusive Posted 10:19 PM on 04/15/2008
- WIpatriot I'm a Fan of WIpatriot 36 fans permalink
photo

Will they take advantage of medical and dental issues before they leave? Then what?

    Favorite    Flag as abusive Posted 10:10 AM on 04/16/2008
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect