DNEG Announces Dozens of Layoffs at London HQ Amid Economic Slump: Expertise in Visual Effects Remains Stellar

1 Min Read

This is an archived article; information may be outdated. Check the time stamp to see when it was last updated.

DNEG Announces Dozens of Layoffs at London HQ Amid Economic Slump: Expertise in Visual Effects Remains Stellar

DNEG has announced that it will be making dozens of layoffs in London HQ, where the company has about 900 UK staff. Layoffs will take place in multiple departments including lighting, tech, and rigging. 

This round of layoffs is said to be due to the economic slumps, as opposed to the current Hollywood strikes. 

DNEG excels in diverse aspects of visual effects, encompassing computer-generated imagery (CGI), compositing, 3D modeling, animation, and simulation. Collaborating closely with film studios and production houses, they breathe life into intricate and breathtaking sequences, elevating the storytelling and cinematic immersion for audiences. Its film credits include "Dune: Part Two", "Oppenheimer", "The Last of Us", "Inception" and "Tenet". Aside from London, the company has locations in London, LA, Vancouver, Mumbai, Chennai, Montreal, Bangalore, Toronto, and Sydney.

Philippa Childs, who runs UK broadcasting union Bectu, commented about the news, saying that the company is "doing everything we can to support our members who are affected by redundancies or loss of work, and will continue to monitor developments closely." She added that the current situation is a "challenging and uncertain time for many film and TV workers, both at home in the UK and globally."


Tags: 

SPONSORED LINKS

Today's Digital HD DealsView All

Deliver Us
Deliver Us
WAS: $14.99
NOW: $12.99
Reindeer Games
Reindeer Games
WAS: $14.99
NOW: $9.99
Magic Mike
Magic Mike
WAS: $14.99
NOW: $12.99