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.
Man Sucked Into Jet Engine at Denver Airport Had Lengthy Rap Sheet, Once Arrested for Attempted Murder
James Talarico enlists Barack Obama to help win over black voters after contentious Texas primary
Keystone XL Pipeline 2.0: Trump Signs Permit for Massive New US-Canada Oil Pipeline – Some of 42,000 Jobs Biden Killed Could Return
Singham-backed, pro-China group drops huge sum on Manhattan HQ as feds probe shadowy network
Inside the ‘digital lockdown’ for US officials as Trump arrives in China
Move to oust Nancy Guthrie sheriff fails as Pima County supervisors refer perjury allegations to AG
Marco Rubio spotted in Nike tracksuit aboard Air Force One during trip to China, igniting memes online
Rubio wears Nike tracksuit aboard Air Force One in parody of Maduro capture
High school student with history of anger issues charged with murder of homeless woman in Las Vegas
Nebraska’s Pillen wins Republican renomination in bid for second term as governor
Lawsuit: ChatGPT Told Florida State Shooter that Killing Children Would Get Him ‘More Attention’ Than Targeting Adults
House GOP launches new task force, probes alleged Medicaid fraud in Ohio
Republican Ricketts wins GOP primary in Nebraska, advances to key Senate showdown
Poll: Rubio Opens Up Double-Digit Lead on Vance, AOC Leads 2028 Democratic Field
Big city Democrat mayor arrested at ICE protest faces voters in re-election bid
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.
Man Sucked Into Jet Engine at Denver Airport Had Lengthy Rap Sheet, Once Arrested for Attempted Murder
James Talarico enlists Barack Obama to help win over black voters after contentious Texas primary
Keystone XL Pipeline 2.0: Trump Signs Permit for Massive New US-Canada Oil Pipeline – Some of 42,000 Jobs Biden Killed Could Return
Singham-backed, pro-China group drops huge sum on Manhattan HQ as feds probe shadowy network
Inside the ‘digital lockdown’ for US officials as Trump arrives in China
Move to oust Nancy Guthrie sheriff fails as Pima County supervisors refer perjury allegations to AG
Marco Rubio spotted in Nike tracksuit aboard Air Force One during trip to China, igniting memes online
Rubio wears Nike tracksuit aboard Air Force One in parody of Maduro capture
High school student with history of anger issues charged with murder of homeless woman in Las Vegas
Nebraska’s Pillen wins Republican renomination in bid for second term as governor
Lawsuit: ChatGPT Told Florida State Shooter that Killing Children Would Get Him ‘More Attention’ Than Targeting Adults
House GOP launches new task force, probes alleged Medicaid fraud in Ohio
Republican Ricketts wins GOP primary in Nebraska, advances to key Senate showdown
Poll: Rubio Opens Up Double-Digit Lead on Vance, AOC Leads 2028 Democratic Field
Big city Democrat mayor arrested at ICE protest faces voters in re-election bid
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.









