Megan Ellison’s Annapurna Pictures has enacted a round of layoffs, reaching as high as chief financial officer James Pong, insiders told Variety.
Four creative executives were eliminated, two from the film division and two from television, as well as two assistants in addition to Pong, according to sources.
Those seven employees represent nearly ten percent of the staff, said another insider. An Annaupurna spokesperson confirmed a “modest number of layoffs due to the current economic climate.” Annapurna is already a significantly leaner operation today than it was a year ago — having spun out its theatrical distribution arm into the free-standing United Artists Releasing, breaking up its New York office and relegating departments like
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