DNEG, the VFX house behind critically acclaimed blockbusters dunes and oppenheimeris reportedly laying off hundreds of people as the industry-wide recovery from the strike continues to be slow.
The company has reportedly begun a consultation process in the UK and Canada, which could lead to a 5% reduction in its workforce. deadline.
“Layoffs are understood to be somewhat concentrated within the R&D team, difficulties that have not eased since the end of the Hollywood strike and have not sufficiently improved after DNEG made pay offers to staff last year.” “This is a response to a growing market,” he pointed out. Exit.
“Sources say the number of furloughs is expected to be around 100 in the UK, but Bectu boss Philippa Childs said the union would “continue to support members affected by the cuts”. “I’m doing my best,” he added.
Mr Childs said: “This continues to be a very worrying time for those working at DNEG and compounds what has been a very difficult year for the UK film and TV industry.”
“These are very difficult times for our industry and many businesses are having to make difficult decisions,” she said.
DNEG furloughed more than 70 people at its London office last year, then asked employees to take a 25% pay cut or “participate in a loan scheme” amid the Hollywood strike.
“They made a lot of proposals in the name of ‘hope things will get better,’ but clearly that hasn’t happened,” one union official told Deadline.
DNEG doesn’t just create blockbusters Dune: Part 2 and oppenheimerthe company also won two Oscars for the Christopher Nolan-directed film. doctrine and inception.
