Layoffs begin in the film industry, as Hollywood strikes continue

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BRACE FOR IMPACT: Major strikes within the entertainment industry are being felt far beyond Hollywood.

"I understand what everybody's doing, but in the end… you know, it's not just the big people," said Gano. "It's all of us little ones on the bottom end of things that helped make this industry go that are hurting right now. I have quite a few friends that are in the business and everybody's impacted. So we're just waiting for everything to be over and getting back to doing what we love." film industry.

"I think we're really starting to see how deeply integrated George's film industry is with our economy. We certainly expect businesses like our studios, our production businesses, our crew base, they are feeling the squeeze, because production has really kind of ground to a halt.

"We certainly will see some businesses that have to make some really tough decisions and, you know, we're just hoping that they can hold on and so that they are ready when production does come roaring back," said Moore. According to the Georgia Screen Entertainment Coalition, roughly 15,000 businesses in Georgia serve the film industry.

As the Hollywood strike enters its fourth month, those affected can only hold onto the hope that a resolution will come sooner rather than later. Recent attempts at negotiations between the Hollywood studios and screenwriters have yielded no agreement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to Tell If Your Company Has Layoffs PlannedExperts say there are signs to watch for to determine if your company might be planning layoffs. These signs can send shivers down your spine and include unforeseen circumstances where the company cannot provide a two-month notice to employees.
Source: CNBC - 🏆 12. / 72 Read more »

Digital Health Company Babylon Shuts Down U.S. Operations, Announces LayoffsBabylon, a troubled virtual care firm, has decided to permanently close its Austin headquarters and lay off employees. The company, which has partnerships with insurers in 12 states, mainly serving low-income patients, had around 1,895 employees as of December 2022, with 35% of them based in the U.S.
Source: ForbesTech - 🏆 318. / 59 Read more »

Gold Price Forecast: XAU/USD pokes $1,935 hurdle as market brace for US inflation – Confluence DetectorGold Price (XAU/USD) clings to mid gains during the first positive day of the trading week as market sentiment improves amid mixed signals from China. Gold Price pares weekly losses at the lowest level in a month, seesaws around intraday top of late. Receding fears about China, positioning for US inflation allows XAU/USD to recover. Risk catalysts eyed for clear directions amid a light calendar, banks, economic slowdown in focus.
Source: FXStreetNews - 🏆 14. / 72 Read more »