Comcast NBCUniversal completed its $3.8 billion acquisition of Dreamworks Animation last month, and yesterday it announced the first major change at the company: the elimination of around 200 employees.
Most of the employees who will be laid off are from the corporate and management side, according to a memo by Jeff Shell, chairman of Universal Filmed Entertainment Group, that was distributed to staff yesterday. “We have begun sharing organizational decisions that will result in the elimination of approximately 200 positions at our Glendale campus,” Shell wrote. “These changes are focused in the corporate overhead groups as well as distribution and consumer products, areas where we can fully integrate operations with NBCUniversal.”
While such layoffs are standard procedure after corporate acquisitions and necessary to eliminate redundant jobs, there has been concern among studio employees that there could be an even larger wave of layoffs if NBCUni decides to restructure the way that the studio makes films. The company hasn’t yet revealed any plans for the future of Dreamworks Animation.