Updated from 10:19 a.m. EDT to include further details in sixth paragraph.
NEW YORK (TheStreet) -- Warner Brothers, Time Warner's (TWX) movies and home entertainment branch, confirmed it was cutting jobs, a little over a week since voluntary buyouts began to be rolled out at the parent company's Turner Broadcasting arm.
In a memo to employees Thursday evening, Warner Brothers CEO Kevin Tsujihara conceded that, as rumored, job cuts were to be executed across the studio.
"We are constantly reviewing our global businesses to make sure we're operating as efficiently and effectively as possible," Tsujihara wrote in the memo obtained by TheStreet. "We are doing our best to minimize staff reductions. However, and it pains me to say this, positions will be eliminated -- at every level -- across the Studio."
Tsujihara, head of the unit since March 2013, did not share how many employees would be affected nor whether layoffs would be concentrated at any of its three arms (home entertainment, motion pictures and television). The Burbank, Calif.-based unit employs around 8,000 people.
Time Warner CEO Jeff Bewkes has been under pressure to prove the company is financially robust in its independence after rejecting an $80 billion bid from Rupert Murdoch's 21st Century Fox (FOXA) in mid-July (an offer Fox then withdrew).
Plans to implement layoffs have been in the works for over a year though Fox's bid expedited the process, a source familiar with the matter who spoke under request of anonymity told TheStreet.