Weinstein has announced that it is laying off 50 of its about 200 employees. They will be mostly in the film side of the business. As The New York Times reports, Weinstein is shifting more toward television.
That's almost a fourth of the workforce. That means there will be glut of talent thrown onto the streets of New York City, which is also a glam city.
This blog wishes a successful search for work for all those caught in this layoff.