By Cynthia Littleton Business Editor WME is expected to implement a significant number of layoffs of agents and other staff as early as next week.
Rumors about the downsizing process and the agents that will be let go have been swirling in virtual circles for days, contributing to a feeling of angst and uncertainty among many WME insiders.
WME heavyweights have been trying to help find new opportunities — including as talent managers or executives at production entities — for some of those likely affected.
The impending cuts have been spurred by the shock of the coronavirus lockdown, which has hammered virtually every aspect of the entertainment industry.
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