DreamWorks Animation Layoffs Affect About 70 Employees –

DreamWorks Animation has recently announced that it has cut around 70 positions as part of a cost-reduction initiative. The affected roles spanned across various departments, including corporate functions, feature, television, and technology. This news comes just before the release of DreamWorks Animation’s latest film, “Trolls Band Together,” which is set to hit theaters on November 17th. Despite some recent box office disappointments, such as “Ruby Gillman, Teenage Kraken,” the studio had a successful year prior with “Puss in Boots: The Last Wish.” On the TV side, DreamWorks Animation’s show, “Gabby’s Dollhouse,” can be streamed on Netflix.

Summery :

– DreamWorks Animation has cut about 70 positions in a cost-reduction move
– The job cuts affect various departments including corporate functions, feature, television, and technology
– This comes as DreamWorks Animation prepares to release their third film in the Trolls franchise
– The previous film, Ruby Gillman, Teenage Kraken, performed poorly at the box office
– However, their earlier film, Puss in Boots: The Last Wish, was successful
– DreamWorks Animation also has TV shows streaming on Netflix, including Gabby’s Dollhouse.

Image Credit : The Hollywood Reporter

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