Sony Pictures Entertainment has notified staff that it plans to cut its marketing and distribution workforce by 5% as part of an efficiency push. An internal memo cited by Bloomberg News justifies the losses in terms of a migration to a more global and digitally focussed business, necessitating the merger of international and domestic teams. The company said in a statement on Friday that the cuts will affect about 1,000 employees at all levels across the company, including those working for Sony’s film division, which includes “Spider-Man: Homecoming,” Posts are also expected to be lost in areas including publicity, research and strategy, media and operations.
Sony Pictures Entertainment has notified staff that it plans to cut its marketing and distribution workforce by 5% as part of an efficiency push. The company said in a statement on Friday that the cuts will affect about 1,000 employees at all levels across the company, including those working for Sony’s film division, which includes “Spider-Man: Homecoming,” Posts are also expected to be lost in areas including publicity, research and strategy, media and operations.