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Fifth Season Undergoes Layoffs In Film
A total of nine Fifth Season employees were impacted, the majority of them in BA as the indie studio will no longer have an in-house BA team.
Along with the change at the top of the unit, with Alexis Garcia stepping down to launch a new venture Fifth Season’s backing and Christopher Slager being promoted to replace him as Head of Film, there were layoffs across the division, sources tell Deadline. Instead BA services will be outsourced to outside firms that have larger infrastructure to accomodate a growing development and production slate while also delivering cost savings. In a recent Q&A with Deadline, Fifth Season co-CEO Chris Rice reflected on the studio’s two rounds of layoffs lin 2023; the company reduced its workforce by 2% in April and by another 12% in August, the latter tied to the impact of the double Hollywood strike.
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