Last month, Hollywood conglomerate Endeavor announced in an internal memo that it planned to lay off 250 staff members from across its various subsidiaries, mostly from operational roles that could not be performed from home.
Yet despite the company’s efforts to limit its financial losses, it appears that the company will see one-third of its 7,500 employees impacted by either pay cuts, furloughs, or lay offs. The vast majority will be furloughs or reduced roles.
Endeavor — a company that includes subsidiaries such talent agency WME IMG, On Location Experiences, Miss Universe Pageant, Professional Bull Riders, and the Ultimate Fighting Championship (UFC) — is saddled with a 4.