Fifth Season Cuts 12% Of Workforce Due To Writers & Actors Strikes
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deadline.comFifth Season, the company formerly known as Endeavor Content, is cutting around 12% of its workforce as a result of the impact of the dual Hollywood strikes.
The company, which is behind series such as Severance and Normal People, is axing 30 positions, across both executive and administrative roles.
It is the second time this year that the business, which is now majority owned by Korean studio CJ ENM, which paid $785M for an 80% stake, has had to make cuts following layoffs in April.
The company is run by Graham Taylor and Chris Rice, who are Co-CEOs. Joe Hipps runs the TV side of the business as EVP, TV Development and Production and Alexis Garcia runs the film group.
Read more on deadline.com
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