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DreamWorks Animation Is Said to Plan Several Hundred Job Cuts

2015-01-20 03:17:45| Toys - Topix.net

DreamWorks Animation SKG Inc. plans to cut several hundred jobs, according to a person familiar with the situation, as the "How to Train Your Dragon" studio seeks to rekindle its slumping movie-making operation. Chief Executive Officer Jeffrey Katzenberg is acting after a number of box-office disappointments, including "Turbo," "Mr. Peabody & Sherman," and the lowest-grossing of the four "Madagascar" pictures.

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