About 200 to be let go - this is just a start, bought-sold kind of situation for DreamWorks
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Topics regarding layoffs at DreamWorks Animation SKG Inc.
John Passed last week of complications from his Diabetes.
What are the news of your new overlords? Will production at Glendale be cut?
Date Insider Shares Type Transaction May 26, 2015 FRESTON THOMAS E Director = 7,374 shares May 26, 2015 HOBSON MELLODY L Director = 14,749 shares May 26, 2015 GRAINGE LUCIAN Director = 7,374 shares May 26, 2015 MONTGOMERY MICHAEL J Director = 8,296... read more
Is there a place, breakfast day, etc.?
It is good for a few laughs. Doesn't anyone realize what a shitty BOD member and chairperson she has been?
Just out of respect don't you have to wait at least 6 months after laying off 20% of the company to show up in a car that's twice as expensive as the CEO's? I guess the million dollar bonus he got in December... read more
That's your number, a WARN notice filed with the State: 114 in Glendale and 403 in Redwood City
David Soren will save us with Captain Underpants! He did such a good job with Turbo, right?
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... read more
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... read more
Nice move JK. Sell the studio and lease it back again. Brilliant!
It is the Academy telling JK, Ann and the execs to hit the road.
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... read more
Anyone find anything interesting?
Get ready for the execs to unload shares from their bottomless resevoir of options.
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.
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... read more
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... read more
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.
Everyone involved in the technologies that received an award has either left the company or was laid off.
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... read more
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... read more
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... read more
Literally nothing has changed. http://www.thelayoff.com/dreamworks-animation-skg?page=14
Ann wishes she could have his job. Keep dreaming Ann! You are a COO in name only.
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
Your value to the company: None (Actually a net minus)
Are we one to one now? For every one manager or Exec, we have one artist?
All the B2B rooms can be converted into more offices for the execs.
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... read more
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... read more
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... read more
But at least we're getting four months paid. Not too many companies give that.
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... read more
Looks like yet again us artists will take the brunt of the layoff.