Los Angeles Business Journal

Cuts Tough for DreamWorks' Katzenberg

Wednesday, February 27, 2013

DreamWorks Animation Chief Executive Jeffrey Katzenberg told the Hollywood Reporter that the layoffs his company has been forced to make are hardest thing he's had to do since the studio was founded. Pink slips have already gone out, and 350 of the Glendale studio’s 2,200 employees will have been let go by year’s end.