Lionsgate Layoffs Will Trim Overall Staff By 50; Read Company’s Internal Memo

Lionsgate Lays Off 50 Staffers in Latest Belt-Tightening Effort

The studio has cut around 5 percent of its workforce across the company on the heels of a separation from Starz to open up new strategic possibilities in a consolidating entertainment industry.

Lionsgate Hit With Layoffs as 50 Staffers Cut

Lionsgate has laid off 5% of its staff.

Lionsgate Layoffs Will Trim Overall Staff By 50; Read Company’s Internal Memo

EXCLUSIVE: Lionsgate will be reducing 5% of its companywide staff, Deadline has learned.  Approximately 50 staff overall will exit in a move that adds to a previous trim. The earlier layoff constituted 8% of staff, which will mean Lionsgate will have lightened its head count by 13% when this round of bloodletting is done. The purpose of the headcount reduction is corporate belt-tightening, as all companies in the industry are doing, includin…