By Nellie Andreeva Co-Editor-in-Chief, TV Media companies continue to look for ways to cut cots amid a deepening health and economic crisis due the coronavirus pandemic and a Hollywood production shutdown that is entering its second month.
ViacomCBS this week implemented one such measure, eliminating contract positions. “Like many businesses, COVID-19 has had an unprecedented effect on our industry,” a ViacomCBS rep said in a statement to Deadline. “With so many of our productions on hold for the past month and into the foreseeable future, we made the difficult decision to release a number of freelance and project-based employees, particularly in production while the shutdown is in place.” A number of ViacomCBS divisions were impacted,
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