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Apparently the layoffs are 20% of their workforce
Posted by: notfabio on Nov 29, 16:26 in response to notfabio's post THR: AMC Networks (IFC, Sundance, AMC) CEO out after 3...
https://deadline.com/2022/11/amc-networks-layoffs-ceo-christina-spade-streaming-costs-advertising-1235184260/
THR: AMC Networks (IFC, Sundance, AMC) CEO out after 3 months, Chairman just sent an employee memo warning of large scale layoffs. notfabio Nov 29, 12:59
basically acknowledging that pivoting to streaming to compensate for cord cutting was a BFM. but it'll never happen to the studios {nm} donny blaze Nov 29, 14:17
Apparently the layoffs are 20% of their workforce notfabio Nov 29, 16:26
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