DreamWorks Animation to Lay Off 350 Employees

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  02 February 2013
DreamWorks Animation to Lay Off 350 Employees

Quote:
"DreamWorks Animation will lay off approximately 350 employees, about 15 percent of its full-time staff, CEO Jeffrey Katzenberg and CFO Lewis Coleman said Tuesday during the company’s fourth-quarter-earnings call. - See more at: http://www.thewrap.com/movies/article/dreamworks-animation-lay-350-employees-79381#sthash.bo5WfLEe.dpuf"
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  02 February 2013
Wasn't this announced weeks ago?
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  02 February 2013
Depressing - are there any good news at all?

Quote: "Our profit depends on the success of our next two films, 'The Croods' and 'Turbo.'"


Honestly, I didn't find any of the trailers for those movies particularly appealing. Maybe they should make a few more Shreks or Madagascars - those will surely make a profit.
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  02 February 2013
Originally Posted by ManuelM: Honestly, I didn't find any of the trailers for those movies particularly appealing. Maybe they should make a few more Shreks or Madagascars - those will surely make a profit.


They don't seem like life-saver films to me either.
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  02 February 2013
Originally Posted by Meloncov: Wasn't this announced weeks ago?
They announced layoffs but the numbers were just speculation and rumors. Now they are actually saying how many are being affected.

The overall the state of the company, along with everything else, is just depressing especially considering I will be graduating in just under a month now. I was really hoping to get into one of their outreach programs too but I was told those were off because of all of this.
 
  02 February 2013
Originally Posted by ManuelM: DHonestly, I didn't find any of the trailers for those movies particularly appealing.


I am avoiding all trailers for THE CROODS because I do not want any spoilers. I can't wait to see it in the theater.

I love Chris Sanders' previous films (LILO & STITCH, HOW TO TRAIN YOUR DRAGON), so I look forwards to watching THE CROODS.
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  02 February 2013
Originally Posted by Celshader: I am avoiding all trailers for THE CROODS because I do not want any spoilers. I can't wait to see it in the theater.

I love Chris Sanders' previous films (LILO & STITCH, HOW TO TRAIN YOUR DRAGON), so I look forwards to watching THE CROODS.


Knowing he did it makes a difference. Before reading this I had no intention of even looking at it.
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  02 February 2013
WTF is going on?
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  02 February 2013
I think this is a different thing, than all the studio shut downs there has been lately.
Looking at the facts for the layoffs, it only seems logical to do so.

Pushing a movie into back into pre-pro is to me, a much better thing, than moving on with something that doesn't quite work. I think that sounds like good business

I don't quite understand why Guardians wasn't more popular. I thoroughly enjoyed it, and so did the entire cinema.
I do really hope the next two films brings in what they want/need!
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  02 February 2013
Originally Posted by Darrolm: They announced layoffs but the numbers were just speculation and rumors. Now they are actually saying how many are being affected.

The overall the state of the company, along with everything else, is just depressing especially considering I will be graduating in just under a month now. I was really hoping to get into one of their outreach programs too but I was told those were off because of all of this.


I wish you luck getting work. Let us know how you fare, I know we all will be hoping you do we'll.
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  02 February 2013
more on the story on yahoo news

http://uk.movies.yahoo.com/350-laid...-084414376.html
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  02 February 2013
I'm sorry for the people let go, but I agree this kind of layoff is a very different beast. While we may not agree with all their reasoning, Dreamworks is being proactive in reducing costs to make sure they are still around in a few years. R&H for example floated a lot of staff last year, that is definitely a major factor of their current situation. IF they'd done a bunch of layoffs last year people would have freaked and screamed, but who knows maybe it would have been enough to keep them in business (probably not, maybe in business a few months more)

Rough time for everyone down there though, 600 people laid off between R&H and Dreamworks, that definitely makes for a very congested job hunting market. Best of luck to everyone.
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  02 February 2013
You guys have to remember that amidst the economic turmoil and all the issues going on in the industry aside, R&H and those other big companies were making poor investment choices and attempting to expand past their means in that environment.

Dreamworks flopped an $87 million movie, its not quite the same. Its terrible, of course, and I wish all the affected good luck, but a lot of people are kind of throwing it in with the rest of the news and I feel its not quite the same thing.
 
  02 February 2013
guardians was almost 150 million and only pulled a little over 100. personally i think its horrendous to spend that much money on a cg film. this is another reason why our industry is failing. having been a professional in this industry for over 15 years, most of the productions ive been on have been about 70 percent inneficcient. the amount of wasted time in production is a huge money waster. spending thousands of dollars on a shot while a director examines every pixel of a shot that is going to be completely motion blurred is just an example. those of you who know what im talking about, well, you know what im talking about. pixel f*****g. and it goes on in lighting, modeling, animation, etc.

i once worked on a lower budget film that went to theaters. it was the best film i ever worked on. because it was considered a "lower class" production with a small budget we moved through it like tigers on vaseline. approvals came quick, director laughed at all the jokes and moved stuff through. We often got comments like "could use more polish but, its a 50 frame shot, so lets just move on (where every other film ive worked on, they wouldve spent another week nit picking, costing tons of money). anyway,we made the film for 40 million and it made 200. we could have EASILY spent 100 million and it wouldnt have come out any better, just "shinier". but in the end, we made over 4 times the investment instead of 2. just that easy. i guess what im getting at is things have become so convoluded and it seems so many things are going wrong in almost every avenue and facet of our industry. i think its time for a complete overhaul at the base level.

rant over
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  03 March 2013
Originally Posted by flipnap: guardians was almost 150 million and only pulled a little over 100.


According to boxofficemojo it made 300, counting outside of US
But I get what you are saying.

It is a shame your film HAS to make half a billion dollars to be considered a success.
That is an enormous amount of pressure to put on a director, I think.
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