EXCLUSIVE: United Talent Agency is trimming its personnel with cuts in several departments. According to sources, mostly admin/support staff are impacted, with the total number of layoffs in the low single-digits as percent of the company’s overall workforce. “We’ve grown a great deal over the last several years, and as a result decided to make some adjustments,” a spokesperson for the agency said in a statement to Deadline. “We’re unfortunately parting ways with a small number of colleagues and are grateful for everything they’ve contributed.” UTA has been on an acquisition spree over the last two years, buying such companies as UK agency Curtis Brown, publishing agency Fletcher & Company and MediaLink, a media and marketing advisory firm.
Facing a possible economic downturn, many entertainment and tech companies have undergone layoffs in the past several months, with more cuts expected this year.
Talent agencies previously reduced staffs during the pandemic when all switched to work from home. More recently, the CAA-ICM merger resulted in a little over 100 layoffs.
By subscribing, I agree to the Terms of Use and Privacy Policy. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.
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.