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DreamWorks Animation Reported to Begin Layoffs

by on January 20, 2015
 

Deadline.com cites anonymous sources that DreamWorks Animation SKG, Inc., is initiating another round of layoffs in the wake of disappointing box office results in 2014 and the management shake-up that led to Chief Creative Officer Bill Damaschke stepping down and senior producers Bonnie Arnold and Mireille Soria promoted to co-presidents of feature animation. The report states that 250-300 employees will lose their jobs in the coming months, with some layoff notices starting about a week ago.

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