Sad news out of Glendale this morning but it’s been rumored for a while now. The Hollywood reporter is reporting that there are layoffs coming fro DreamWorks since the Rise of The Guardians failed to do well a the box office.
From their site:
DreamWorks Animation will lay off staff in the wake of the weaker-than-expected performance of the studio’s Rise of the Guardians and its announcement Tuesday that it will release two films in 2013 rather than three, sources tell The Hollywood Reporter.
You can read the full article here.