DreamWorks Animation Layoffs: 4% Of Staff Cut

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DreamWorks Animation Layoffs: 4% Of Staff Cut
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EXCLUSIVE: DreamWorks Animation is making cuts and slashing 4% of its staff. We understand that the cuts are due to the downward cyclical turn in the business, rising production costs and the strik…

EXCLUSIVE: DreamWorks Animation is making cuts and slashing 4% of its staff.

We understand that the cuts are due to the downward cyclical turn in the business, rising production costs and the strikes. “DreamWorks Animation reduced its workforce by approximately 70 positions,” a DWA spokesperson told Deadline in a statement. “Roles affected were across corporate

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DreamWorks Animation has laid off four percent of its staff. - The VergeDreamWorks 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.
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