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Entertainment companies face tidal wave of layoffs in rocky start to new year

Por: Los Angeles Times Business January 12, 2024

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The new year is off to an ominous start for the entertainment industry, which is facing heavy layoffs at companies spanning film, TV, music and gaming. The tidal wave of job cuts has affected several major players, including Amazon, Pixar, Discord and Universal Music Group. Entertainment, media, gaming and tech companies have been broadly under pressure to reduce costs amid economic headwinds, Hollywood strikes, corporate consolidation and other... + full article



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