UPDATE 6:45 PM: Good news. I now am informed that these are the extent of the planned layoffs for New Line.
EXCLUSIVE 5:30 PM: There were 7 layoffs among the 40 employees at New Line in recent days: 2 creatives, 1 lawyer, 1 marketing person, and 3 assistants. One contract wasn’t renewed. Decisions are still pending on what other downsizing will follow. Warner Bros decided last February to reduce New Line’s output from 8 movies a year to just 4 as part of movie boss Jeff Robinov’s plan to cut down on the pics which the studio releases and markets in order to be able to focus attention on its major productions. New Line was taken over by Warner Bros in 2008 after Bob Shaye and Michael Lynne were shown the door by Time Warner chief Jeff Bewkes following a string of expensive box office failures: as many as 550 New Line staffers lost their jobs. New Line has the two back-to-back movies of The Hobbit in the pipeline, as well as Jack The Giant Killer, the musical Rock Of Ages with Tom Cruise, the spinoff on Valentine’s Day titled New Year’s Eve, the comedy Horrible Bosses, and the Steve Carell laugher Burt Wonderstone.
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