DreamWorks Animation Layoffs Affect About 70 Employees

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“Roles affected were across corporate functions, feature, television and technology departments as part of an overall cost-reduction,' a spokesperson tells THR.

DreamWorks Animation has eliminated about 70 of its positions, The Hollywood Reporter has confirmed.

“DreamWorks Animation reduced its workforce by approximately 70 positions,” a spokesperson told THR. “Roles affected were across corporate functions, feature, television and technology departments as part of an overall cost-reduction.” The news comes as DWA readies its Nov. 17 release of

 

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DreamWorks Animation has laid off four percent of its staff. - The VergeDeadline reported that DreamWorks Animation made the cuts because of business downturn, increased costs, and the strikes that went on for much of this year. A spokesperson for the company told Deadline that “approximately 70 positions” were cut, spread across its corporate infrastructure, as well as films, TV, and technology departments.
Source: verge - 🏆 94. / 67 Read more »