The house, whose artists have won Oscars for 'Dune' and 'Tenet,' laid out some of its cost-cutting measures.
, is London-headquartered and employs thousands of people in countries including England, Canada, Australia, India and the U.S.
“We are continuously and proactively reviewing all areas of our business to ensure that we can continue to deliver the highest quality work while protecting as many of our employees’ positions as possible,” continued the statement.
The cuts come amid the WGA and SAG-AFTRA strikes that have led to industry-wide layoffs, furloughs and salary reductions. Concluded the statement: “We’re proposing solutions that are designed to sustain jobs and keep as much money as possible in our employees’ pockets during this difficult period, while positioning the company to meet the current economic challenges, and be ready to get straight back to work on new projects for our clients once this disruption passes.”
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