DreamWorks Animation layoffs affect about 70 employees – The Hollywood Reporter

“Trolls Band Together”

dreamworks animation

DreamWorks Animation will cut approximately 70 positions; hollywood reporter confirmed.

“DreamWorks Animation has reduced its workforce by approximately 70 positions,” a spokesperson said. THR. “As part of our overall cost reductions, affected roles spanned corporate, special features, television and technology departments.”

The news comes as DWA prepares for a November 17 release. Trolls unite The third installment in the hit series. Anna Kendrick and Justin Timberlake reprise their roles in the film, which also features ‘N Sync’s first new song in over 20 years.

Earlier this year, D.W.A. Ruby Gilman, Teenage Kraken, It stalled at the box office, grossing $44.7 million worldwide, according to Box Office Mojo.

Although the studio achieved further success in the previous year, Puss in Boots: Last Wish It grossed $481 million worldwide and won numerous awards, including an Oscar nomination for Best Animated Feature.

On the TV side, DWA’s slate includes: Gabby’s dollhouse Streaming on Netflix.

Aaron Couch contributed to this report.