
The beleaguered DreamWorks Animation just announced in a written statement that it will eliminate approximately 500 jobs at its company, far exceeding the previously anticipated number of layoffs. Many of those five hundred layoffs will come from the unexpected shutdown of one of its main studios, PDI DreamWorks, in Redwood City, California.
The closing of that studio will begin immediately. The studio is expected to begin holding private one-on-one meetings with PDI artists as early as tomorrow, and offering some of them an opportunity to relocate to the southern DreamWorks campus in Glendale, California.
The layoffs at PDI and Glendale will be structured as “equal force reductions,” according to a report by the Animation Guild. That’s possible because of the PDI artists who are being offered the opportunity to relocate. Any artist who leaves the studio will be paid an additional sixty days of wages after the layoff.
The animation studio with the boy in the moon is no more
So, no more How To Train Your Dragon movies, No more Kung Fu Panda, and no more adaptations of Classic Media properties into CGI movies.
This Friday, I will rent a copy of Mr Peabody & Sherman and a copy of How To Train Your Dragon II from the local Redbox, and mourn. Anybody with me?
All of the haters of commercial animation (in particular commercial CGI animation) can crow now-but I won't be crowing with you.
(Apologies if this has been already posted.)