×

Endeavor Lays Off 250 Across Company, Exploring Wide Salary Cuts

Endeavor has laid off roughly 250 staffers across its portfolio of businesses, sources told Variety, as the coronavirus pandemic continues to paralyze Hollywood. Pay cuts are being evaluated for all remaining employees, Endeavor CEO Ari Emanuel said in a memo on Wednesday.

The majority of staff cuts have hit IMG Academy, a sports education facility, and support staff at businesses including talent agency WME and affiliates. The cuts affect facilities workers and mailroom employees who cannot fulfill their duties from home, one insider said.

“We will be implementing a number of additional measures beginning this week and through April that will affect compensation and some jobs across the company … as part of this, Patrick and I will not be taking a salary for the remainder of 2020,” Emanuel wrote, referencing his WME co-CEO Patrick Whitesell.

Endeavor is the third major Hollywood firm to take such measures since coronavirus has stopped film and TV production, and social distancing has relegated the workforce to their homes. Paradigm has laid off close to 200 staffers, including heavyweight agents, Variety reported exclusively on Wednesday. United Talent Agency instituted company-wide salary cuts in an effort to avoid layoffs.

Read the full memo from Emanuel:

I don’t think any of us could have imagined we’d be in the place we are today.

As we all focus inward to protect our personal health and safeguard our families, every company around the world is simultaneously faced with safeguarding the health and future of its business. We are no different. All parts of our company are feeling the effects.

With that in mind, we are in the process of assessing our operations globally to develop a plan that will protect the business while limiting the impact on as many employees as possible. In addition to the cost-cutting efforts outlined a few weeks ago, we will be implementing a number of additional measures beginning this week and through April that will affect compensation and some jobs across the company. The effects on each business will vary, and you will receive more specifics from your respective leaders, to the extent any of these decisions may impact you. As part of this, Patrick and I will not be taking a salary for the remainder of 2020.

These decisions are not being made lightly, knowing the impact they may have on you and your families during these uncertain times.

We appreciate the strength and compassion that you continue to show for one another as we navigate this challenging situation.

AE

More Music

  • Sie7etr3: Dglo73, Djyeiiro73 (kneeling), Fetti031, Youngkilla73,

    Latin Label Sie7etr3 Partners With Caroline for Distribution

    Caroline and Latin label Sie7etr3 have entered into a worldwide distribution pact. Sie7etr3 The Label (known as Siete Tres or 73) is home to Chucky73, Fetti031, Youngkilla73 and Dglo73. “Dili” by Chucky73 and Fetti031, which dropped January 17, is the Bronx-based label’s first release under the new partnership. Future releases and label services will be [...]

  • Brad "Scarface" Jordan, Michele Lemon. In

    Rapper Scarface on Living With Coronavirus: 'I'm Scared to Death'

    Rapper Scarface gave an emotional account of his time in isolation since testing positive for the coronavirus. Scarface, whose real name is Brad Jordan, was interviewed by Atlanta rapper Ludacris on Instagram Live on March 27. Some three thousand people tuned in for the 20-minute chat. “I’m scared to death,” said Scarface, who on Thursday [...]

  • Dua Lipa album cover Future Nostalgia

    Dua Lipa's 'Future Nostalgia': Album Review

    Is it wrong, right now, to be as happy as Dua Lipa’s second album makes you? Is this any time to celebrate pop music at its most ebullient, when we should be bullish on meditation? Shouldn’t we be focusing our attention on weightier matters than how to all guiltlessly throw ourselves a solo disco party? [...]

  • Future Man Season 3 Trailer

    TV News Roundup: Hulu Releases 'Future Man' Final Season Trailer (Watch)

    In today’s TV News Roundup, Hulu released a trailer for the third and final season of “Future Man,” and Fox and iHeartRadio’s upcoming concert special added Camila Cabello, Dave Grohl, H.E.R. and Sam Smith to its lineup. FIRST LOOKS Hulu has released a trailer for the third and final season of “Future Man.” As the [...]

  • Van Weezer

    Weezer Debuts Online Video Game as Throwback to Simpler Times -- And Album Promo

    Eight-bit diehards, get your thumbs ready: pop rock darlings Weezer have launched a nostalgia-heavy online side-scrolling action game, playable via web browsers.  The “The End of the Game” game has users playing as one of the band’s four members and jumping and shooting their way in a (surprisingly difficult) boss fight against an oversized, beanie-clad [...]

  • 'ive From Out There Coronavirus-Relief Concert

    'Live From Out There' Livestream, Which Raised $100,000 for Coronavirus Relief, Continues This Weekend

    Last week, 11E1even Group, in conjunction with Nugs.tv and Sweet Relief Musicians Fund, raised $100,000 for coronavirus relief with announced their new digital content series, “Live From Out There.” The festival continues this weekend with the lineup in the schedule below. “I’m seeing this just like any curated channel,” said Ben Baruch, owner of 11E1even Group. “This [...]

More From Our Brands

Access exclusive content