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Ari Emanuel Coronavirus film pandemic Company Ari Emanuel

Endeavor Lays Off 250 Across Company, Salary Cuts Coming to All Divisions

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variety.com
variety.comvariety.com:

Endeavor has laid off roughly 250 staffers across its portfolio of businesses, sources told Variety, as the coronavirus pandemic continues to paralyze Hollywood.

Pay cuts are imminent for all remaining employees, Endeavor CEO Ari Emanuel said in a Wednesday memo. The majority of staff cuts have hit IMG Academy, a sports education facility, and support staff at businesses including talent agency WME and UFC.

The cuts affect facilities workers and mailroom employees who cannot fulfill their duties from home, said one insider. “We will be implementing a number of additional measures beginning this week and through April that will affect compensation and some jobs across the company.

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