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.