It is speculated that Warner Bros. Entertainment will be downsizing by cutting off almost 900 to 1,000 jobs as a result of their studio-wide cost-cutting move.

This is expected to happen by late October or early November.

Senior managers are in the process of determining ways to mow down overhead. Once the process is completed, a definite cutback figure can be established. Though the cut-off figure is expected to be consequential, it will be lower than the current speculated numbers.

Dee Dee Myers, EVP Worldwide Corporate Communications and Public Affairs, Warner Bros. said, "There is no head count target or percentage reduction target." The former White House Press Secretary and longtime political strategist/analyst further added, "This is a budget issue, not a head count issue."

In a September 4 memo, Kevin Tsujihara, Chairman and CEO of Warner Bros. Entertainment cautioned the staff about the coming cut-off at every level of the studio; however, the divisions were not disclosed. The divisions that would be hit the hardest included, home entertainment, movie and TV productions.

According to details available from insiders, the layoff will not impact Warner Bros. in a big way as the organization continues to invest in content on a priority.

Additionally, the organization will also aggressively increase the studio's output. Home Entertainment, marketing, distribution, administration and other non-production related divisions in an endeavor to balance the impact of the layoffs.

They said, "Since I became CEO, I've been working with the Studio's senior management team to create a plan to position Warner Bros. for future growth," Tsujihara told employees in his email. "This will require us to reduce costs and reallocate resources to our high-growth businesses."

Prior to this, it was in 2009 when WB layoffs slashed 800 jobs.

Despite of being one among the big six studios, in 2014, WB has had a few box office disasters including  "Edge of Tomorrow", "Winter's Tale" and "Transcendence".