Endeavor Lays Off 250 Across Company, Exploring Wide Salary Cuts

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Endeavor is laying off 250 people across agency WME, Ultimate Fighting Championship, and global fashion week producer IMG

Endeavor has laid off roughly 250 staffers across its portfolio of businesses, sources told Variety, as the coronavirus pandemic continues to paralyze Hollywood. Pay cuts are being evaluated for all remaining employees, Endeavor CEO Ari Emanuel said in a Wednesday memo. The majority of staff cuts have hit IMG Academy, a sports education facility, and [...]The leaders of broadcasters BBC, Channel 4 and ITV have united to apply pressure on the U.K.

With Italy, France and Spain in full lockdown in the face of the unrelenting coronavirus outbreak, their respective film industries are preparing to take exceptional measures that could limit the anticipated economic damage by opening themselves up to an uncharted gamble in streaming. To date, dozens of film releases have been postponed to between July and October [...]

 

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SBJLizMullen None of which is essential to anyone.

All those rich celebrities that payouts from UFC can return it so employees can stay on?

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