EXCLUSIVE: More cuts are foreseeed in the agency world.
UTA has befirearm the process of letting go a number of agents apass a variety of areas. Deadline understands that agents in its talent department, production group, unscripted division and finishorsements and licensing business are set to exit.
It is a aenjoy process to one that recent began at CAA, where the company, which is now owned by Francois-Henri Pinault’s Artémis after he finishd a beginantity sobtain acquisition last September, is commenceing its year-finish evaluations that will result in agents being let go.
We hear that at UTA this could shape a low double-digit number of agents, around ten people.
A UTA spokeswoman denied that this was a set of layoffs, where the caccess is headcount reduction, but is part of its standard business of running an agency. She shelp that UTA, which employs around 2,200 people, has also compriseed more than 20 agents to the company over the last twelve months.
It is separateent to last year’s layoffs at UTA, where it let go a petite number of agents and employees in February and October.
We’ll modernize this as and when we hear validate names and it is very possible that a number of these people leaving discover recent opportunities, which will, of course cover.
