Mike Fleming Jr Co-Editor-in-Chief, FilmGood news and bad news today at UTA. Agency chief Jeremy Zimmer sent an internal email to employees notifying them that UTA is the first major agency to reinstate full pay for employees.
Everyone there took paycheck haircuts on March 23 when it was clear the pandemic that brought the revenue flow for the agency to a screeching halt wasn’t going to abate.At the same time, the agency has also let go 50 people, some of whom had already been furloughed earlier.
The furloughed workers won’t be brought back immediately, but the 50 person layoff is a downsizing move as the agency remakes itself for the future.
Read more on deadline.com
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