Taking HBO online seems a good move. Yesterday, as per a Los Angeles Times report, Warner Bros, film studio of Time Warner, is likely to cut its workforce as it aims for a $200 million cost reduction. Earlier, the company announced that it will be trimming nearly a tenth of its workforce (1,475 employees) at the Turner Broadcasting Division and focus more on original programming and content monetization. Turner, which houses cable channels like CNN, TNT and TBS, saw its revenues falter on account of falling ratings, unfavorable advertising trends and stiff competition.