EXCLUSIVE: One of the UK’s biggest sports producers could lay off around 5% of staff as the troubling economic headwinds hit the world of sports production.
Around 25 to 35 people at Endeavor-owned IMG Media‘s production arm in London are to enter a redundancy consultation process.
Deadline understands the consultation was launched earlier this week, with IMG bosses citing tricky market conditions and industry-wide rising production costs.
Staff were emailed yesterday and summoned to a meeting where the consultation process was explained, with 25 to 35 staff and fixed-term employees set to be impacted, we understand.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.