Buchwald Latest Talent Agency To Undergo Layoffs
30.08.2023 - 00:53
/ deadline.com
UPDATED, reflecting latest details about cuts: Another talent agency is having to trim personnel.
Deadline has learned that Buchwald has laid off several employees, including one agent. One insider says under 10 people were let go.
The rest of the cuts were among support staff and back office personal. A spokesperson for the agency declined comment.
The decisions were likely informed by the ongoing writer and actor work stoppages, which have had a serious impact on talent agencies and management companies.
Earlier this month, CAA cut about 60 people across a number of divisions. Verve and APA earlier this summer laid off agents and assistants, and A3 and Range also let go of some assistants.
Hollywood talent agencies went into cost-cutting mode shortly after the WGA hit the picket lines in early May. Many, like WME, Gersh, Paradigm and A3, implemented extra scrutiny/cuts in travel and expenses.
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