Warner Bros. Discovery is in the process of splitting into two companies: Warner Bros. and Discovery Global, which has led to changes in leadership positions for Warner Bros. executives

Warner Bros. Discovery has unveiled the new names and leadership of its companies post-split: Warner Bros. and Discovery Global.

Warner Bros Discovery will lay off roughly 10% of its motion picture group employees as part of a restructuring before the company splits in two, a source with knowledge of the matter said on Wednesday.