DNEG London allegedly announce 200 redundancies in company-wide meeting today

 

According to a post on the r/vfx reddit channel, DNEG have allegedly informed their employees around 200 people from various departments will be receiving news later today (09/06/2020) that they will made redundant. The post from the reddit post reads:

Throwaway this time, just in case. Just been informed in a company-wide meeting that around 200 people from various departments will be receiving news later today that they will be made redundant. Comes as the deadline for the furlough scheme end tomorrow (Wednesday 11th June). Despite people being made to take pay cuts as a way to prevent job losses, it seems that DNEG has decided to move forward with these redundancies. Terrible news to hear when people were outright told that due to pay cuts, redundancies would be kept to a minimum. Hopefully, everyone affected by these layoffs stays safe and manages to find work elsewhere in the coming months
— anon

This is developing news and we will report as and when we find out more information on the matter. Though, the news has already been confirmed by a number of our AVU members.

Any staff affected are urged to get in touch with the AVU if you are worried or need consultation on where you stand. Consider joining today and help make our industry a safer and fairer place to be.

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