Hollywood Executives are Finally Losing Their Jobs
Hollywood Contraction Hits Entertainment Executive Jobs: "This Is A Full-Scale Depression" https://t.co/QoKWpALr1h
- Deadline Hollywood (@DEADLINE) March 18, 2024
- The dire situation A seasoned TV executive said, was made by strikes and “poor management decisions coming home to roost”.
- They're on LinkedIn talking about how their applications don't get responses - they've had to take on *gasp* SIDE GIGS and CONSULTING to get work.
- They're shaken after ''losing a lofty salary with bonuses and stock but also perks such as company cars and expense accounts.'' (So most didn't get golden parachutes).
- It's projected to improve, that Q1 is just absorbing the cost of the strikes, but some companies, such as Dreamworks and Paramount, are still cutting people who do the actual creating and work.