Nightmare before Christmas in Hollywood
The California audiovisual industry is facing a time of cutbacks and layoffs. Box office numbers are responding, but costs have skyrocketed.
Disney employees received an email cancelling their annual Halloween party, a rare occurrence. This sparked rumors and concerns about upcoming layoffs, which are expected to happen in the coming weeks or days. The news comes as the industry is experiencing one of its best years in box office revenue.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.