Layoffs To Come At IMG Media’s Production Arm In London
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deadline.comEXCLUSIVE: One of the UK’s biggest sports producers could lay off around 5% of staff as the troubling economic headwinds hit the world of sports production.
Around 25 to 35 people at Endeavor-owned IMG Media‘s production arm in London are to enter a redundancy consultation process.
Deadline understands the consultation was launched earlier this week, with IMG bosses citing tricky market conditions and industry-wide rising production costs.
Staff were emailed yesterday and summoned to a meeting where the consultation process was explained, with 25 to 35 staff and fixed-term employees set to be impacted, we understand.
Read more on deadline.com
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