‘Dune’ VFX Firm DNEG Laying Off Dozens In London HQ
deadline.comEXCLUSIVE: Dune and Oppenheimer VFX firm DNEG is making dozens of layoffs in its London HQ. Deadline understands the 25-year-old outfit, which has won seven Academy Awards, has kickstarted a redundancy consultation process that will lead to around 70 exiting its Fitzrovia, Central London base.
DNEG has around 900 UK staff, meaning the layoffs will comprise approximately 7.5% of the workforce. Layoffs will be across various departments including lighting, tech and rigging and are understood to have been triggered by the global macroeconomic slump rather than the recent Hollywood strikes.
Multiple VFX firms across the UK are understood to be feeling the pinch. DNEG is a VFX behemoth with recent credits including Dune: Part Two, Oppenheimer and The Last of Us, while it has won Oscars for the likes of Inception and Tenet.
Run by Namit Malhotra, the company has offices in London, LA, Vancouver, Mumbai, Chennai, Montreal, Bangalore, Toronto and Sydney, with more than 10,000 staff worldwide.
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