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DreamWorks Animation SKG Inc. Layoffs

Messages relating to layoffs at DreamWorks Animation SKG Inc. are presented below the company info.

DreamWorks Animation SKG Inc.

Company information:

Industry/Area of Activity:
Broadcasting & Entertainment
Company Stock Ticker:
DWA
Stock traded at:
NYSE
Industry Code:
5553

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Posts regarding layoffs at DreamWorks Animation SKG Inc.

Go to thread Anonymous71693, Friday 02/27/15 17:30:24 UTC

More JK Brilliance

David Soren will save us with Captain Underpants! He did such a good job with Turbo, right?
Reply to this post | This thread: 61 views | 1 reply
Go to thread The Plumber (Facilities), Thursday 02/26/15 21:01:37 UTC

Get the plunger, it's time to flush!

What a toilet this place has become. Look at all the execs floating around in the bowl that need to be flushed down. How can they even walk around on campus (which we don't even own anymore) and look anyone in the eye? All the artists here should just create their own business plan and pitch it to Netflix. The bowl cloggers at DWA just know how to back things up.
Reply to this post | This thread: 14 views | No replies yet
Go to thread Anonymous71026 (PDI(RIP)), Thursday 02/26/15 06:42:10 UTC

DWA reported revenue decrease of 3.2 per cent to US$ 684.62 million for the year ended 31 December

DWA reported revenue decrease of 3.2 per cent to US$ 684.62 million for the year ended 31 December, 2014 (FY-2014, current year) as compared to the revenue of US$ 705.92 million in FY-2013. DWA says that increases in the New Media segment were more than offset by lower year-over-year performance in the Feature Film Segment says the company. The company reported operating loss for FY-2014 at US$ 300.04 million as compared to a loss of US$ 76.34 million in the previous year. The decrease was largely due to film and other impairments, restructuring-related charges and increased investments in support of brand and new business initiatives, says DWA.
Reply to this post | This thread: 24 views | No replies yet
Go to thread Anonymous70721, Wednesday 02/25/15 17:48:26 UTC

Paying off credit with credit

Nice move JK. Sell the studio and lease it back again. Brilliant!
Reply to this post | This thread: 154 views | 1 reply
Go to thread Just Another Sucker, Monday 02/23/15 19:08:31 UTC

What Lew did with our money

Must be nice living like this. http://www.weahomes.com/listing/architecture-as-art/
Reply to this post | This thread: 182 views | 3 replies
Go to thread Anonymous70148, Monday 02/23/15 19:03:40 UTC

Why we lost

It is the Academy telling JK, Ann and the execs to hit the road.
Reply to this post | This thread: 150 views | 2 replies
Go to thread Anonymous69624 (Mail Room), Friday 02/20/15 22:14:30 UTC

RIP KFP

Apparently the talentless hacks cannot even manage a SEQUEL, to just continue writing a story with BUILT IN CHARACTERS? Maybe the story department can start taking field trips to any coffee house in LA where you literally trip over unemployed writers with more ability.
Reply to this post | This thread: 205 views | 3 replies
Go to thread Anonymous69498, Friday 02/20/15 18:43:02 UTC

Job Fair

Anyone find anything interesting?
Reply to this post | This thread: 156 views | 2 replies
Go to thread Anonymous67562, Saturday 02/14/15 00:31:24 UTC

Stock is going up!

Get ready for the execs to unload shares from their bottomless resevoir of options.
Reply to this post | This thread: 205 views | 3 replies
Go to thread Anonymous66603, Wednesday 02/11/15 09:49:32 UTC

Our saving grace.

Rihanna will save us in 5 weeks. Everyone will get their jobs back. ...we do have a movie coming out in 5 weeks right? Haven't heard a peep.
Reply to this post | This thread: 241 views | 2 replies
Go to thread The Equalizer, Tuesday 02/10/15 00:36:01 UTC

Ann Daly: The Invisible Executive

http://finance.dailyadvocate.com/how-much-money-did-ann-daly-make/dwa/executive/ann-daly/ann-daly.htm Most corporate Presidents are very active in charity, advisory groups, public outreach, other board of directors, local arts and eduction, etc. Not our Ann! She is totally anonymous. She never speaks to the investors, never goes to conferences, never does anything. Anything, that is, but spend spend spend her big fat paycheck. Most employees don't even know what she looks like, she is so totally hidden from public view. What is the reason? There are people with imposter syndrome and then there are straight up imposters. This means you Ann!
Reply to this post | This thread: 277 views | 5 replies
Go to thread Anonymous66138, Monday 02/09/15 23:42:34 UTC

Michael Francis: Branding Genius

http://finance.dailyadvocate.com/how-much-money-did-michael-francis-make/dwa/executive/michael-francis/michael-francis-2953196.htm Only $6 million for Mikey last year? C'mon, those planned Russian themes parks are going to save the company! (Rubles make good ass-wipe.)
Reply to this post | This thread: 139 views | 1 reply
Go to thread Failz McNutpunch, Monday 02/09/15 20:47:36 UTC

How the execs waste our money: Exhibit 1

The "Executive Briefing Center". What a boondoggle waste of cash. Good place to score some nice snacks after a bogus synergy meeting the execs like to have with companies who know a sucker when they see one though.
Reply to this post | This thread: 192 views | 5 replies
Go to thread Anonymous66026, Monday 02/09/15 17:41:22 UTC

Congrats on the Technical Oscars

Everyone involved in the technologies that received an award has either left the company or was laid off.
Reply to this post | This thread: 196 views | 4 replies
Go to thread Brick Layer, Monday 02/09/15 02:46:02 UTC

Failing your way to fortune

The bigger the failure at DWA, the bigger your fortune. Ann Daly, $4 million bonus, Jon Batter, $5 million to leave and fail at M-GO, Ed Leonard, $10 million to fail at DreamWorks Investments plus employment for life (of the company which may not be long), Jim Mainard, too many fails to mention plus life employment, Anne Globe, $500,000 bonus min every year of fail, Rich Sullivan, $250,000 bonus per year before reading the writing on the wall and getting out, Andrew Chang, $190,000 bonus per year at least, Lew Coleman, between $1,000, 000 and $1,750,000 bonus per year. The list goes on and on and on. This is what JK and our worthless board do to ruin DreamWorks.
Reply to this post | This thread: 16 views | No replies yet
Go to thread Anonymous65572, Saturday 02/07/15 01:29:57 UTC

Why did you vote?

I admit, I filled out the Fortune best company questionnaire and fibbed. For some reason, I wanted a good rank. But why? Because we get balloons and cookies for our birthday? It wasn't really that great, even in the good times. Why were we deluding ourselves?
Reply to this post | This thread: 72 views | 1 reply
Go to thread Sign Here (The Dotted Line), Friday 02/06/15 22:46:03 UTC

Job fair coming up!

My advice to anyone still at DWA: Get out now, before the flood gates open! There are many good jobs out there for creatives. You might not get free lunch or a bottomless ice cream machine, but you will get management that is ethical, caring and knows how to turn a profit. Is all this stress worth a fancy campus with a river and bubbling fountain?
Reply to this post | This thread: 45 views | No replies yet
Go to thread Anonymous65456, Friday 02/06/15 18:30:27 UTC

Let's reflect on the changes over last two years in Glendale

Literally nothing has changed. http://www.thelayoff.com/dreamworks-animation-skg?page=14
Reply to this post | This thread: 158 views | 2 replies
Go to thread Shattered Dreams, Friday 02/06/15 01:08:17 UTC

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-thomas-staggs-named-coo-of-walt-disney-co-20150205-story.html

Ann wishes she could have his job. Keep dreaming Ann! You are a COO in name only.
Reply to this post | This thread: 125 views | 2 replies
Go to thread Anonymous65047, Thursday 02/05/15 21:48:23 UTC

JK can add another washed-up one to his arsenal...

http://variety.com/2015/film/news/sonys-amy-pascal-stepping-down-as-co-chairman-1201424905/
Reply to this post | This thread: 107 views | 1 reply
Go to thread Pitch ((Making new nightmares)), Tuesday 02/03/15 19:29:10 UTC

How is that DreamTab doing?

Who thinks up of these deals? Would Pixar stoop to such low levels? The stench of desperation is strong at DWA. https://www.yahoo.com/tech/why-you-dont-want-fuhus-dreamworks-themed-tablet-for-95333013214.html
Reply to this post | This thread: 24 views | No replies yet
Go to thread The Ghost (Boo U), Tuesday 02/03/15 05:54:41 UTC

Park in reserved parking?

Your value to the company: None (Actually a net minus)
Reply to this post | This thread: 150 views | 1 reply
Go to thread Anonymous63450, Tuesday 02/03/15 05:03:07 UTC

Keep the wastrio correct.

Are we one to one now? For every one manager or Exec, we have one artist?
Reply to this post | This thread: 142 views | 1 reply
Go to thread Elbow Room, Tuesday 02/03/15 03:18:20 UTC

Less of you means more for us!

All the B2B rooms can be converted into more offices for the execs.
Reply to this post | This thread: 123 views | 2 replies
Go to thread Anonymous62943, Monday 02/02/15 01:15:27 UTC

Chef Fazal is getting ready to cook

Anyone who cares about DreamWorks should listen to the "restructuring" call taken with analysts and the press. http://ir.dreamworksanimation.com/files/doc_downloads/2015/351097_v001_t34hvc.mp3 Listen closely to Chef Fazal squirm and equivocate when asked questions about the studios ability to deal with the $290 million layoff cost and future negative events. DWA already managed to unload $300 million of ass-wipe notes to pay down its last string of losses and to try to shore up its line of credit. (Ann got 4 million of those dollars!) This $400 million "revolver" already has $200 million tapped out of it. But don't worry! Fazal tells us it has a $50 million accordion that can be drawn on if times gets tough. There is also $100 million in unencumbered assets (this means the pretty campus) which can be leveraged out. Fazal is going to need an accordion and a little monkey with a tin cup which will come in handy as he plays it on Hollywood Blvd. begging for cash. No one has liked what he has been cooking so far, with all previous suitors dumping their trays in the commissary after tasting the books. Maybe half a billion in additional debt is just the special seasoning that is needed?
Reply to this post | This thread: 169 views | 2 replies
Go to thread Pissed Off (Shareholder), Sunday 02/01/15 23:02:15 UTC

Ann Daly: 20 years of screwing the pooch

Of Ann's 60 years on the planet, 1/3 or them have been spent ruining DWA. What other form of employment offers such protection for such incompetence? Let's say your car breaks down and you bring it to a shop. You pick it, and it runs like shit. The mechanic goes, "Oh, let me fix that for you!" You come back in a week, drive it out of the shop and the rear axle falls off. Would you let the mechanic convince you that everything is ok, that you just need to drive it around with the ass dragging and sparks flying out the back? Of course not! You would tell the mechanic to f*** off, get your money back, file a lawsuit, call the BBB, post a review on Yelp, etc. But no, not at DWA. For years of consistent f*** ups you get a fat salary, bonus (3.5 million in 2014!!!) and employment for life. Every C-level exec needs to go, starting with that fraud Ann.
Reply to this post | This thread: 131 views | 1 reply
Go to thread Executive Admin (2nd Floor CAMP), Sunday 02/01/15 19:28:34 UTC

It's almost Monday!

Monday is coming up and I'll be busy getting the fresh flowers ordered for the execs and making sure the kitchen is well stocked with cereal and snacks. It is important that the candy jars also be kept filled and that the furniture is correctly arranged on Ann and JK's private deck. They get oh so angry when things aren't just right. I'll make sure that the TV in Fazal's office is tuned to CNBC. We must be well informed to know when to exercise and sell those options! As long as I keep the execs happy, I don't have to worry about all the production workers losing their jobs. Tough luck for you! We will all gladly sacrifice some Paint Fix or Rough Layout drone in order to keep our lifestyles unaffected.
Reply to this post | This thread: 221 views | 2 replies
Go to thread Anonymous62057, Friday 01/30/15 09:33:17 UTC

Complain all you want...

But at least we're getting four months paid. Not too many companies give that.
Reply to this post | This thread: 388 views | 9 replies
Go to thread The Hammer (Must Drop), Thursday 01/29/15 19:34:07 UTC

When is the actual deadwood going to removed?

Bill D. was the only one who paid a price. The other two moved on because they have real careers and reputations to protect. They weren't let go, they got the hell out! When will we see the announcements about Ann D., her retinue of overpaid losers and super-expensive execs like Ed L. and Jim M. who are mothballed, soaking up money and benefits? What about iGo? Boondoggle. Shut it down now! Can you believe real artists who could be working on show were sacrificed for this lame JK ego booster. Why are producers and execs attached to shows that got shit-canned still on payroll? The artists aren't. There needs to be a shareholder rebellion about this management team and board of directors. The worst of the worst.
Reply to this post | This thread: 147 views | 2 replies
Go to thread Anonymous61107, Wednesday 01/28/15 07:11:02 UTC

Artists out

Looks like yet again us artists will take the brunt of the layoff.
Reply to this post | This thread: 58 views | No replies yet
Go to thread Anonymous60916, Tuesday 01/27/15 17:16:14 UTC

https://medium.com/@diskzero/the-end-of-pdi-ce813a617d9

Reply to this post | This thread: 297 views | 2 replies
Go to thread Anonymous60633, Monday 01/26/15 14:53:03 UTC

What is happening with the DWA Indian studio?

Reply to this post | This thread: 276 views | 1 reply
Go to thread Anonymous60606, Monday 01/26/15 06:56:54 UTC

आप जम्मू कश्मीर का शुक्र है!

भारत सबसे अच्छा है!
Reply to this post | This thread: 28 views | No replies yet
Go to thread CGSoup (Lighting), Saturday 01/24/15 19:00:34 UTC

Bloated middle management, refusal to streamline (department heads)...

I was at DreamWorks for 4 years. I started as Dragons was released and left when Me and My Shadow was cancelled. It was painfully obvious to most employees that DreamWorks had been carrying a lot of long time department heads for no obvious reason. A lot of the streamlining that had taken place at other struggling facilities, combining departments with common interests, reducing department heads to the absolute bare minimum regardless of tenure, were never even discussed amongst the complicit. Departments that would see major gains in efficiency by common supervisors never materialized because everyone was protecting their owen personal best interests. I don't blame individual managers for failing to throw themselves on the funeral pyre but it was clear the mangers manager had know clue as to the real problems with the structure. No one had the courage to admit the obvious, that major change (and the inevitable reduction of senior long time staff) was either going to happen willfully, or by mandate (what we are seeing now). I was a middle manager at a major VFX facility and fell victim to this around 2009. It sucked but the company is still around, albeit in Vancouver now. I was very bitter but I understood it was a business decision. DreamWorks is not doomed but they are on the path to extinction if they do not massively reorganize ALL management. The rank and file artists at DreamWorks are world class and the story department is actually really brilliant, they all just have tragically flawed people making the top-level executive decisions. First drafts are usually really excellent, then the creative heads mangle the story with their misguided attempts to appease JK, destroying any character arcs as well as the entire third act. Then the story team has to create an entirely new ending to fit the new found vision of the execs. Sometime it works (Madagascar 3), sometime it don't (Guardians). I am glad I had the opportunity to work at DreamWorks, lots of really excellent folks. Just wish the senior management was more focused on making great films rather that expanding the brand at ANY cost. (greed)
Reply to this post | This thread: 428 views | 4 replies
Go to thread Anonymous60329, Saturday 01/24/15 10:36:27 UTC

Open letter from the Republican partyw

Dear Mr. Katzenberg, We would like to thank you for your continued support in workforce globalization. Clearly you understand the value of eliminating jobs in the U.S. where unions have capitalized on over paid employees. You are a beacon of greatness in the face of a Democratic party spouting unrealistic ways of doing business. Clearly you understand the importance of a global market and the need to move away from having U.S. workers creating your films. The greater good is in the bottom line and we are so proud you are finally seeing the way. Great work Jeff! Please consider Mitt (or our next considered representative) an ally in the coming years as he/she is sure to connect with you in very clear ways. Your core values are very much in-line and they would love nothing more that to stay at your gorgeous home while raising campaign funds. Again, great job Jeff on conceiving a new PDI/DreamWorks. We welcome you to the Republican party. To a great 2015! You F***ing idiot. (only until now of course) Sincerely, The Republican Party
Reply to this post | This thread: 187 views | 2 replies
Go to thread PDI DreamWorks RIP (RIP), Saturday 01/24/15 08:16:26 UTC

PDI DreamWorks RIP

PDI DreamWorks RIP
Reply to this post | This thread: 274 views | 3 replies
Go to thread Gozer the Gozerian (Lord of the Sebouillia), Friday 01/23/15 20:17:28 UTC

An Illuminating LinkedIn Experiment

How many employees at DreamWorks Animation have president, officer, vp, staff, director, manager or executive in their title? Who does the actual work? I can guarantee it isn't these overpaid nine-to-fivers.
Reply to this post | This thread: 298 views | 2 replies
Go to thread The Elephant, Friday 01/23/15 19:43:57 UTC

Tusker

Time to bring it back!
Reply to this post | This thread: 156 views | 1 reply
Go to thread Anonymous59996, Friday 01/23/15 08:25:06 UTC

Math

Lose the free food = over $3M a year (used as a write-off for the company) Lose the 10 Executives and Managers who only shuffle artists from show to show = $1.8M a year Lose the 2 Producers per show (min of 2) x 4 shows = $1.4M a year Lose Production not assigned to actual shows = $1.4M a year Stop ridiculous technology initiatives = $20M a year Add health benefits and bonuses. I just saved PDI. JK is surrounded with idiots and it's his fault. p.s - Surrounding Idiots (not incl AD, the idiot) = $6M a year
Reply to this post | This thread: 410 views | 4 replies
Go to thread Anonymous59994, Friday 01/23/15 08:02:53 UTC

From The VFX Soldier re: our fearless leader

Jeffrey Katzenberg was probably the biggest financial supporter of President Obama who campaigned against Mitt Romney for allegedly supporting “tax breaks for companies that ship jobs overseas”. Now Katzenberg will be receiving massive tax subsidies for shedding jobs in the US and sending work to Canada a year after the President visited his company to tout the growth of US jobs.
Reply to this post | This thread: 24 views | No replies yet

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