DreamWorks Animation Lays Off 70 Employees
The studio’s second round of staff cuts in less than six months ‘were across corporate functions, feature, television and technology departments as part of an overall cost-reduction.’
The studio’s second round of staff cuts in less than six months ‘were across corporate functions, feature, television and technology departments as part of an overall cost-reduction.’
The gaming giant reveals a lofty goal of creating a more self-sufficient and ‘highly cash-flow generative’ company, which means studio closures and yet-undetermined staff reductions.
The 2% workforce cut comes as part of parent company NBCUniversal’s overall cost-reduction plan across all studios.
The virtual band’s co-creator Damon Albarn has confirmed the project has been axed due to cutbacks at the streamer.