DreamWorks

DreamWorks Layoffs Hit Glendale with 170 to Go

Post-acquisition DreamWorks Animation has announced another round of layoffs, with 170 employees at its Glendale campus to be let go in January, San Fernando Valley Business Journal reports. The studio already eliminated 200 positions at its corporate office and distribution and consumer products divisions as part of its integration with new owner NBCUniversal.
The latest round of job cuts will hit the feature animation group, a source familiar with the situation told the Journal, adding that this is separate from the positions eliminated in corporate in September. The layoffs are partially tied to the decision to cancel The Croods 2 as Universal Filmed Entertainment continues to plan out its upcoming film slate.
DreamWorks Animation was acquired by the Comcast-owned NBCU in August in a $3.8 billion deal.

DreamWorks Animation