Now Disney And Lionsgate Laying Off Staff

Add Walt Disney Studios and Lionsgate to the companies laying off staff. Disney’s will be roughly 5% largely in the distribution area with other areas impacted as well. Lionsgate laid off less than 20 people as part of a reorganization affecting home entertainment and service areas. And, Viacom No. 2 Phillippe Dauman said this about Paramount Pictures signalling what may be layoffs there: “As the home entertainment stream is challenged, fewer DVDs are being sold, so you have to review your home entertainment overhead. That’s adjusting to the business model. We’re very focused on that. We continue to work on the overhead there.”

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