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.
Kim Jong Un swipes at South Korea’s progress building a nuclear submarine while inspecting his own
Poll: Young Protestants Are Officially Outnumbered by the ‘Nones’
Wild Christmas Miracle: Watch a Bona Fide Miracle in Real Time as Skydiver Gets Caught on Plane, Plummets, then Manages to Cheat Death
Biden nearly invisible in own Christmas family photo as Hunter takes center stage
Lawmakers attempt to tackle NIL, giving it the ‘old college try’
LA Garbage Crisis Is So Bad One Man Quit His Job to Pick Up the City’s Slack
And We Thought Fruitcake Was Bad: Italian Company Is 3D Printing ‘Pastries’ That Are Made of Truly Gross-Sounding Ingredients
Migrant truckers sue California DMV over canceled commercial drivers’ licenses
‘Shop With a Cop’ Sends Less Fortunate Kids on Mini Christmas Shopping Sprees With New Police Pals
The iciest moments of 2025: The 5 political feuds that froze Washington
A Growing Share of British People Are Returning to Religion – But Not Christianity
Trump lists accomplishments, says ‘Radical Left Scum’ are ‘failing badly’ in Christmas message
It’s Easy to Lose Hope, but Twitter/X Has Gotten Massive Victories We Never Would Have Gotten in the Past – and Even More Wins Are Coming
How US troops celebrate Christmas abroad
Here Are Some New Trump Tax Breaks That Could Give Republicans an Advantage in the 2026 Midterm Elections
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.
Kim Jong Un swipes at South Korea’s progress building a nuclear submarine while inspecting his own
Poll: Young Protestants Are Officially Outnumbered by the ‘Nones’
Wild Christmas Miracle: Watch a Bona Fide Miracle in Real Time as Skydiver Gets Caught on Plane, Plummets, then Manages to Cheat Death
Biden nearly invisible in own Christmas family photo as Hunter takes center stage
Lawmakers attempt to tackle NIL, giving it the ‘old college try’
LA Garbage Crisis Is So Bad One Man Quit His Job to Pick Up the City’s Slack
And We Thought Fruitcake Was Bad: Italian Company Is 3D Printing ‘Pastries’ That Are Made of Truly Gross-Sounding Ingredients
Migrant truckers sue California DMV over canceled commercial drivers’ licenses
‘Shop With a Cop’ Sends Less Fortunate Kids on Mini Christmas Shopping Sprees With New Police Pals
The iciest moments of 2025: The 5 political feuds that froze Washington
A Growing Share of British People Are Returning to Religion – But Not Christianity
Trump lists accomplishments, says ‘Radical Left Scum’ are ‘failing badly’ in Christmas message
It’s Easy to Lose Hope, but Twitter/X Has Gotten Massive Victories We Never Would Have Gotten in the Past – and Even More Wins Are Coming
How US troops celebrate Christmas abroad
Here Are Some New Trump Tax Breaks That Could Give Republicans an Advantage in the 2026 Midterm Elections
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.
