DreamWorks Animation lays off 70 employees

DreamWorks Animation is undergoing layoffs, laying off about 70 employees. Diversity learned.

“DreamWorks Animation has reduced its workforce by approximately 70 positions. The roles affected include corporate functions, art, television and technology departments as part of overall cost reductions,” a DreamWorks spokesperson said. Diversity.

As part of cost-cutting measures, DreamWorks is moving away from producing films entirely in-house and will rely more on third-party studios, Cartoon Brew reports.

On the animation studio’s horizon is the release of Trolls Band Together on November 17, with NSYNC reuniting after nearly 20 years to perform “Better Place” for the third installment’s soundtrack. The animated film’s voice actors include Justin Timberlake, Anna Kendrick, Camila Cabello, Eric Andre, Kid Cudi, Troye Sivan, Daveed Diggs, Amy Schumer, RuPaul, Kenan Thompson and others.

Earlier this year, DreamWorks and Netflix collaborated on Orion and the Darkness, an animated family comedy written by Charlie Kaufman and based on the 2014 book by Emma Yarlett. Animator Sean Charmatz marks his feature debut with this darkly whimsical tale of a young boy facing his greatest horror. Netflix will release the film in 2024.

Back in September Diversity It has become known that Apple TV+ has ordered a new animated series “Curses!”, created by DreamWorks Animation, in which John Krasinski is among the executive producers.

The official description reads: “When a generations-long family curse turns Alex Vanderhoeven to stone, his two children, Pandora and Russ, and his wife Skye must return artifacts stolen by their ancestors to their rightful homes to finally lift the curse for good. “

Cartoon Brew was the first to report the news of layoffs at DreamWorks Animation.