Paramount To Lay Off 120 In Reorganization

Deadline says:

Paramount today gave further clarity on the realignment of several of its divisions, which the studio first unveiled in September and is now implementing. Among the many moves announced then was a plan to move Paramount’s head of international Andrew Cripps back to Los Angeles, where he can have more say in the kinds of films the studio makes and how they are exploited in the increasingly important global market. The studio said today that Cripps has chosen not to relocate, and he is leaving the company.

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