Warner Bros. Layoffs Begin, Should Not Affect DC

In news we never like seeing or writing about, Warner Bros. is beginning its layoffs of up to 1,000 employees today. Variety cited sources close to the company to report that the job cuts would take place in two waves beginning this week, and that employees who lose their jobs should receive three weeks of pay for every year of service they’ve put in.

Normally, such a sweeping job reduction — Warner could end up cutting over 10 percent of its global workforce — would find its way to DC Entertainment as well, which is owned by Warner Bros. But Comic Book Resources figures that DC should be spared, as the publishing side is moving from New York to Burbank next spring, and can simply reduce headcount by leaving some positions vacant when it does so.

The other super hero-related aspect to Warner’s cost-cutting is that the company isn’t scaling back on its plans to expand the presence of DC characters on TV and in movies. If anything, it’s doubling down on comic book properties, seeing them as a safer way to ensure it makes money than to attempt to spin up new IPs.

It’ll be several years until we see if that’s the right call, though it’s worth rooting for the plan to succeed so we don’t have to write more posts like this one.

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