2023-07-13 07:45:54
With the chill winds continuing to blow in the film and tech worlds, it’s time for Amblin Partners, the production company owned by Steven Spielberg, to lay off staff. As noted by The Hollywood Reporter, Amblin is set to restructure following recently signing a new deal with Universal, meaning 20% of its workforce will be forced out, which equates to roughly 100 people. Spielberg himself has not commented on the layoffs, but has a few things to say as the new deal with Universal is finalized. “Universal Studios is my ancestral studio, and the next chapter of our long-term partnership will provide Amblin with the creative flexibility and autonomy I know will allow us to achieve success together in the future. I am forever grateful The entire team at Amblin for their work and dedication over the years, and thanks to Donna and everyone at Universal for their commitment and collaboration as we all look forward to our next adventure. We’ve observed similar trends at both Netflix and Disney, They’ve all been forced to lay off staff in the last 12 months. One might wonder what the hell is going on in Hollywood. What do you think of all these layoffs?
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