Thursday, May 21, 2009

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More than 120 William Morris employees laid off ahead of Endeavor merger

The 111-year-old talent agency Monday laid off more than 120 people, or about 15% of its staff, in preparation for its pending merger with competitor Endeavor. About 40 of the affected employees were agents, and the rest were support staff.

The layoffs, which have been expected since the two companies agreed to join forces late last month, hit the motion picture and television talent and literary departments the hardest. Those departments have been significantly downsized in anticipation of Endeavor's more successful groups taking control.

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