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Anonymous Content Implements Layoffs, Pay Cuts Due to Coronavirus (Exclusive)

Anonymous Content has laid off roughly 15% of its staff due to the coronavirus pandemic, Variety has learned. In addition, Anonymous has implemented a temporary compensation reduction among executives, with the company’s partners shouldering the deepest pay cuts.

The layoffs are across all of the company’s divisions, which include talent, television, motion picture, literary, media rights, and commercial production and branded entertainment. Staffers were informed of the layoffs on Friday. Anonymous employs roughly 190 people. It is only the latest in a long line of entertainment companies that have undertaken layoffs, pay cuts, and furloughs as Covid-19 has ground production to a halt and left movie theaters shuttered. That’s resulted in staff reductions everywhere, from the Walt Disney Company to ViacomCBS to Endeavor.

In a note to staff, the company’s partners wrote, “The future of Anonymous Content is bright, as our company is comprised of some of the

See full article on Variety