Now I hear that 3 agents and 10 assistants were let go Friday. The agents are Jim Hess (talent), Frank Raina (talent), Jessica Love (branding). There will be more West Coast agents cut as their contracts come due, and the next round may hit the lit department as well as the talent division again. The word coming in to me is that owner Sam Gores is off to the New York office to lay off more agents this week. It is important to remember that Gores did keep his staff together during the writers strike. But financial conditions these days are playing havoc with all the agencies.
UPDATE: More About Paradigm Layoffs
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