By Anthony D'Alessandro Editorial Director/Box Office Editor Deadline has confirmed that Annapurna has made staff cuts in the current COVID-19 climate, of note CFO James Pong.
For the most part, per a spokesperson for the company, the small set of cuts aren’t impacting senior brass, rather junior executives in film and TV and a handful of assistants.
The studio is making modest adjustments given the current economical climate down to senior executives taking a pay cut. In October 2018, news broke that the prestige Oscar-winning studio was besieged with financial problems.
At the time, Annapurna’s feature production head Chelsea Barnard exited with two notable projects exiting the studio, Hustlers to STX and Bombshell to Lionsgate.
Read more on deadline.com
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