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WME Laying Off 30 Staffers, 3% of Headcount, After Going Private Last Year: ‘Our Industry Is Undergoing Profound Change’
What happened
WME is laying off 30 employees, as the company seeks to streamline operations amid industrywide shifts, Variety has confirmed. The job cuts represent about 3% of the talent agency's total headcount. Richard Weitz and Christian Muirhead, the co-chairmen of WME, announced the layoffs in an internal memo Wednesday with the subject line "Update." "Our industry [ ]
Why people care
Covered by Variety, The Hollywood Reporter. The story is gaining traction across multiple outlets.
The takes
Key coverage
Being reported by Variety, The Hollywood Reporter.
Developing
Multiple angles are emerging as more outlets pick up the story.
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