Hollywood is seeing a wave of staff reductions from the corporate suites to the theme park turnstiles as entertainment giants including the Walt Disney Co. and Endeavor implement layoffs and furloughs in response to the Chinese coronavirus pandemic.
Just how bad is the carnage? In Los Angeles County alone, 14,000 entertainment-related workers saw their jobs evaporate in less than two months, according to a new report from tech news outlet dot.LA. Meanwhile, Tinseltown could see even more bloodshed in the second quarter, according to The Hollywood Reporter.
Endeavor — the largest Hollywood talent agency, as well as a studio — recently said that it will lay off or furlough up to a third of its staff. Disney has furloughed more than 100,000 employees worldwide, mostly in the company’s parks division.
Hollywood has been hit on multiple fronts, including the closure of cinemas and the suspension of live sports, which is usually a cash cow for broadcasters. The L.A. office of Fox Sports Productions saw 3,595 people temporarily laid off at the end of April, according to dot.LA.
Federal crime task force sent to Memphis tops 10,000 arrests
Idaho mom who claimed vaccines killed her twin babies charged with murdering her kids
Accused Charlie Kirk assassin Tyler Robinson fights back as prosecutors’ sprawling case comes into focus
NYC health officials warn Central Park visitors after Legionnaires’ outbreak grows on Upper East Side
Pilot declares mayday before seaplane comes down in New York City’s East River
Toddler declared dead after near-drowning was found alive in hospital morgue hours later, police say
Michigan Democrat Mallory McMorrow drops out of Senate race weeks before primary
NYPD detective, children shot in separate Brooklyn shootings over holiday weekend
Iranians call for Trump’s death at funeral for assassinated ayatollah: ‘Seek revenge’
Trump shares news of ‘crystal clear’ Reflecting Pool, calls for vandalism suspect’s arrest
Bill Clinton blasts Trump as Americans mark nation’s 250th anniversary
Watch: UK Police Do It Again, Attack White Kid for Crime of Being Slammed on Ground by Black Kid
Watch a Gun-Range Officer Halt Some Hollywood Antics on the Spot
Here Are The Voters Backing Democratic Socialists
California Man Pleads Guilty to Harassing Guthrie Family With Fake Ransom Notes
Some of the biggest job losses have come from the production sector, which consists of below-the-line crew members who typically toil year round on crowded movie and TV sets. Hollywood’s trade unions have seen their members idle without work as soundstages around the country remain empty.
Breitbart News reported last week that Hollywood studios are currently working on ways to make sets safe when production ultimately resumes. While no major studio has yet to announce a timetable, one source told Breitbart that U.S. production may resume in June at the earliest.
But L.A. County’s decision to prolong its stay-at-home order for an additional three months is only creating more uncertainty.
Tyler Perry recently announced that his Atlanta studio will resume limited production in July. Countries including New Zealand, Poland, the Czech Republic have also announced that shooting can resume.
The Hollywood Reporter noted that individual studios are remaining vague about potential future layoffs. But some executives have spoken about coronavirus-related cost savings.
Federal crime task force sent to Memphis tops 10,000 arrests
Idaho mom who claimed vaccines killed her twin babies charged with murdering her kids
Accused Charlie Kirk assassin Tyler Robinson fights back as prosecutors’ sprawling case comes into focus
NYC health officials warn Central Park visitors after Legionnaires’ outbreak grows on Upper East Side
Pilot declares mayday before seaplane comes down in New York City’s East River
Toddler declared dead after near-drowning was found alive in hospital morgue hours later, police say
Michigan Democrat Mallory McMorrow drops out of Senate race weeks before primary
NYPD detective, children shot in separate Brooklyn shootings over holiday weekend
Iranians call for Trump’s death at funeral for assassinated ayatollah: ‘Seek revenge’
Trump shares news of ‘crystal clear’ Reflecting Pool, calls for vandalism suspect’s arrest
Bill Clinton blasts Trump as Americans mark nation’s 250th anniversary
Watch: UK Police Do It Again, Attack White Kid for Crime of Being Slammed on Ground by Black Kid
Watch a Gun-Range Officer Halt Some Hollywood Antics on the Spot
Here Are The Voters Backing Democratic Socialists
California Man Pleads Guilty to Harassing Guthrie Family With Fake Ransom Notes
ViacomCBS has indicated that it will take more cost-cutting steps in addition to the ones already realized from the re-merger of Viacom and CBS.
Chief financial officer Christina Spade said the company was “taking additional cost-cutting actions and implementing initiatives to reduce discretionary expenses” amid the pandemic. “We are learning from this crisis and finding ways that we can operate more efficiently,” she said during a recent earnings call.
Meanwhile, Disney has begun the gradual process of re-opening its theme parks and resorts. Disney Springs in Orlando is set to partially re-open on May 20, though the adjacent Walt Disney World remains closed. Shanghai Disney Resort recently opened again with visitors required to take special precautions, including social distancing and masks.
Story cited here.









