Layoffs are currently underway at the Warner Bros. Motion Picture Group as the storied movie studio attempts to streamline its structure and save costs. The layoffs will reduce the staff by about 10 percent. The operation, which does business around the globe, had a total head count of under 1,000 employees, according to insiders.

As Warner Bros. Discovery prepares to split its company into two, the Warner Bros. Motion Picture Group is undergoing staff reductions to implement a "global operating model" that will impact 10% of the workforce.