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Post by The Ultimate Nullifier on Jan 19, 2015 16:13:50 GMT -6
www.hollywoodreporter.com/news/dreamworks-animation-planning-layoffs-764726DreamWorks Animation is planning layoffs, The Hollywood Reporter has confirmed. The number of workers who will be let go has not been finalized, but it is expected to be more than the 350 jobs that were cut in 2003 after the studio shelved the film Me and My Shadow, The Los Angeles Times first reported. The company has approximately 2,200 employees, and the cuts are expected to hit production staff, including storyboard artists and animators. In the past two years, the company reported writed-downs on underperformers Mr. Peabody & Sherman, Rise of the Guardians and Turbo, while November's Penguins of Madagascar will likely result in a loss for the studio. The studio recently saw a shakeup in its leadership, with Bill Damaschke leaving his post as Chief Creative Officer and Bonnie Arnold and Mireille Soria installed as co-presidents of feature animation. More to come...
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