Imagi Animation Studios Lays Off 100 Employees

The Oriental Daily News reports that Imagi Animation Studios has laid off 100 of its 400 employees, most of whom were animators. The layoffs come in the wake of the Astro Boy CGI movie, which reportedly cost $60M to make but pulled in only $19.07 million in the United States so far and comparably disappointing box office numbers internationally.

(via Anime News Network)

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