Annapurna Makes 16% Cuts In Work Force
Deadline • • entertainment
Key Points:
- Annapurna, led by Megan Ellison, has reduced its workforce by approximately 30 employees across all divisions, including TV, film, and indie games, leaving around 189 staffers remaining.
- The company cited shifting market conditions as the reason for the realignment, aiming to adapt to the changing entertainment landscape.
- Impacted employees are reportedly being supported through the transition, though it is unclear if any top executives were affected.
- Annapurna, known for producing auteur-driven films like American Hustle, The Master, and Zero Dark Thirty, has been gradually returning to feature film production after previously scaling back its distribution efforts.
- Recent projects include The Invite, Neon’s SXSW premiere, I Love Boosters, and The Testament of Ann Lee, which was acquired by Searchlight for awards consideration.
