UTA Begins Process Of End-Of-Year Agent Cuts
deadline.comEXCLUSIVE: More cuts are expected in the agency world. UTA has begun the process of letting go a number of agents across a variety of areas.
Deadline understands that agents in its talent department, production group, unscripted division and endorsements and licensing business are set to leave.
It is a similar process to one that recent began at CAA, where the company, which is now owned by Francois-Henri Pinault’s Artémis after he completed a majority stake acquisition last September, is starting its year-end evaluations that will result in agents being let go.
We hear that at UTA this could affect a low double-digit number of agents, around ten people. A UTA spokeswoman denied that this was a set of layoffs, where the focus is headcount reduction, but is part of its normal business of running an agency.
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