Warner Bros. is trying to figure out ways to cut its budget by 10 percent as the studio nears a likely settlement with Fox over its "Watchmen" film, reports Reuters [1]. Though a Warner Bros spokesman said "no decisions have been made" regarding cost cuts, the studio is expected to institute a round of layoffs. Meanwhile, a scheduled court conference between Fox and Warner Bros. attorneys next Tuesday has been cancelled, an indication that a settlement between the two parties may be imminent.  The Los Angeles Times [2] reports Warner Bros. has every intention of recouping any damages from the "Watchmen" imbroglio from the film's producer Larry Gordon, his lawyers and their insurers, a final bill that could amount to tens of millions of dollars.