CAA to Lay Off Dozens Amid Strikes, Majority Stake Sale Talks
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variety.comJoe Otterson TV Reporter Creative Artists Agency will bring down a small round of layoffs in the coming days, Variety has learned.
The top talent firm, home to representatives for the likes of Scarlett Johansson and Tom Cruise, will axe around 60 jobs across multiple departments, insiders familiar with the agency said.
While the staff cuts come in the midst of two grueling Hollywood union strikes, one of the insiders said lay offs were being considered months before the Writers Guild of America and SAG-AFTRA hit the picket lines.
The town has been bracing for right-sizing at CAA for some time, since its 2022 acquisition of its smaller rival ICM Partners.
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