Blumhouse Productions Hit With Layoffs, Pay Cuts for Senior Leadership (Exclusive)
Published on Apr 10, 2020
Blumhouse Productions has enacted a small round of layoffs in numerous departments, insiders tell Variety, cuts made amid the ongoing coronavirus pandemic. Senior leadership at the company will also take salary reductions.
A total of eight roles across film and television were eliminated, ranging from executive assistants to mid-level employees in departments like development, insiders said.
A Blumhouse spokesperson confirmed the changes, which were attributed to the pandemic’s effect on the industry. In late March, office staff and production assistants were also terminated.
While small in number, the cuts prove that even a shop as notoriously lean and profitable
Read full article at: Variety - TV News
Author: Matt Donnelly