The layoffs come from across the company, as part of a broader cost-cutting strategy.
DreamWorks Animation has laid off roughly 70 employees, just weeks ahead of the release of their next big movie, Trolls Band Together. Industry trade The Hollywood Reporter broke the news, saying that the roles were across a variety of divisions, and part of a broader cost-cutting strategy. The Trolls franchise is a reliable success, but it has been a rough year for everyone in Hollywood, as streaming models crumble and the writers and actors have spent months striking.
"DreamWorks Animation reduced its workforce by approximately 70 positions," a spokesperson told The Hollywood Reporter last night."Roles affected were across corporate functions, feature, television and technology departments as part of an overall cost-reduction."
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