On Heels of Comcast’s Acquisition of DreamWorks Animation, Job Cuts Are Announced

Sep 15, 2016  •  Post A Comment

NBCUniversal announced today that it is cutting jobs at DreamWorks Animation, with the cuts coming three weeks after NBCU parent Comcast completed a $3.8 billion acquisition of the company. Variety reports that 200 jobs will be cut on the DreamWorks campus.

Universal Filmed Entertainment Group Chairman Jeff Shell announced the move in a memo to staffers, noting that the cuts are focused in the corporate overhead groups and in distribution and consumer product, which Shell called “areas where we can fully integrate operations with NBCUniversal.”

Shell also is quoted by Variety saying in the memo: “Those who will be impacted by these decisions will be notified this week and many will be working with us over the next several months as a part of the transition.”

dreamworks animation

Your Comment

Email (will not be published)