DNEG To Lay Off Hundreds Of VFX Workers
Workers are bracing for layoffs to hit at the company’s studios in the U.K. and Canada.
Workers are bracing for layoffs to hit at the company’s studios in the U.K. and Canada.
Hundreds of Dreamworks staffers to be let go in the coming months.
Approximately 150 employees will be laid off.
Eleven months after laying off roughly 800 workers, EA is letting go of another 670, canceling in-development games, and shuttering at least one studio.
Some of the company’s biggest studios will be affected, including Insomniac, Naughty Dog, and Guerilla.
CEO Bob Bakish thanked the employees for helping to “advance [Paramount’s] mission of unleashing the power of content around the world.”
Gaming giant Embracer continues a restructuring made necessary by the collapse of a $2b investment deal in mid-2023.
The layoffs come three months after the company purchased Activision Blizzard for $69 billion.
The layoffs represent 11% of the company’s global workforce.
Tracking layoffs across the animation, vfx, and gaming industries.
For the second year in a row, Disney-owned Pixar will undergo major layoffs.
This is the fourth round of layoffs at Unity since July 2022, and will affect “all teams, regions, and areas of the business.”
Hasbro is predicting a 15% drop in sales in 2023. Could the company reverse that trend next year with the release of ‘Transformers One’?
According to Embracer, the company laid off 900 workers worldwide in Q2 of this year, around 5% of its global workforce.
Unity purchased Weta’s tools, pipeline technology, and 275 engineering staff for $1.625 billion less than two years ago.
The unit will shift its resources to focus on games developed by Amazon rather than those from third parties.
Dreamworks’s television department was hit especially hard as production has slowed down in that division.
Tracking layoffs across the animation, vfx, and gaming industries.
The layoffs are part of a larger restructuring happening at parent company EA, which is cutting 6% of its global workforce.
DNEG, which employs nearly 7,000 workers globally, will lay off around 70 of its 900 London-based workers.
Once an essential resource in the independent animation and filmmaking community, Vimeo has struggled to become a sustainable company after its pivot to a tech platform.
The three dropped animated projects are ‘Wings of Fire,’ ‘Antiracist Baby,’ and ‘With Kind Regards From Kindergarten.’
Jen Hurler looks at the mass layoffs announced at the Walt Disney Company and whether they could have been avoided if the company had more sustainable business practices.
The studio says it intends to hire back employees when it can safely have the crew back in its buildings.
Layoffs have taken place in both Florida and New Zealand.
At least 20 vfx artists have lost their jobs.
Activision Blizzard just had the best year in its history. So why did they announce mass layoffs?
The loss of Super Deluxe will be especially felt by the independent animation community.
It’s not a happy holidays for at least 170 Dreamworks employees.
Moonbot is laying off employees in Louisiana, but might be growing even larger in Florida.
The Dreamworks Animation layoffs have begun following Comcast’s acquisition of the studio.
Major layoffs are coming up at DreamWorks Animation; hundreds of people could potentially be let go.
It’s been known since last month that Disney Interactive was planning to lay off several hundred employees, but the job slashing is far more extreme than had previously been anticipated.
Several hundred people will lose their jobs at Disney Interactive as part an effort to make the division profitable.
Pixar has laid off dozens of employees due to its troubled film project “The Good Dinosaur.”
Nine top Disney animation veterans were laid off today including Nik Ranieri, Ruben Aquino, and Brian Ferguson.
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