Annapurna Shrinks Workforce as Megan Ellison Realigns Indie Studio

1 min read
Source: Variety
Annapurna Shrinks Workforce as Megan Ellison Realigns Indie Studio
Photo: Variety
TL;DR Summary

Annapurna Pictures laid off about 30 employees—roughly 15% of its staff—citing changing market conditions as Megan Ellison realigns the company. Ellison remains CEO and has been rebuilding after years of near-dormancy and debt from its expansion, with Annapurna continuing to pursue film, gaming and live theatre ventures and having recently re-hired early architects of its success.

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