Panavision, a major provider of production and postproduction services to Hollywood movies and TV series, has begun what's understood to be layoffs of its staff in North America amid the COVID-19 pandemic. "The COVID-19 pandemic has had a significant impact on the industry, and production has come to a halt.
Panavision has taken necessary measures to secure the future of our businesses, and unfortunately we had to make the challenging decision to furlough some of our workforce," a spokesperson for Panavision at its Woodland Hills, California, headquarters said in a statement obtained by The Hollywood Reporter. "We’re doing everything we can during these difficult times to be ready to support the industry as soon as production crews are able.
Read more on hollywoodreporter.com