{"id":14791,"date":"2024-03-19T19:33:20","date_gmt":"2024-03-19T14:03:20","guid":{"rendered":"https:\/\/cccfornews.com\/index.php\/2024\/03\/19\/hollywood-executives-panic-as-jobs-vanish-in-the-industry-this-is-a-full-scale-depression\/"},"modified":"2024-03-19T19:33:20","modified_gmt":"2024-03-19T14:03:20","slug":"hollywood-executives-panic-as-jobs-vanish-in-the-industry-this-is-a-full-scale-depression","status":"publish","type":"post","link":"https:\/\/cccfornews.com\/index.php\/2024\/03\/19\/hollywood-executives-panic-as-jobs-vanish-in-the-industry-this-is-a-full-scale-depression\/","title":{"rendered":"Hollywood Executives Panic as Jobs Vanish in the Industry: &#8216;This is a Full-Scale Depression&#8217;"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_82\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p>Hollywood executives who have been laid off amid recent studio budget cuts are worried about long-term unemployment as the industry has declined in recent years.<\/p>\n<p>\u201cThis is a full-scale depression for the entertainment industry,\u201d one TV executive told Deadline. <\/p>\n<p>Studios such as the Walt Disney Company, Paramount, Warner Bros. Discovery and Amazon MGM have all decreased their headcount the past few months. <\/p>\n<p>One executive said the situation is \u201cbordering on worst-case scenario.\u201d<\/p>\n<p>According to Deadline, Hollywood execs are using websites such as LinkedIn to apply elsewhere, with no response to the majority of job applications. <\/p>\n<p>\u201cWith fewer jobs and more demand, the companies can get away with that. An executive who made $500,000 in their last job would now be willing to take a $350,000 offer. That\u2019s what the contraction is doing,\u201d one executive said. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Go Woke Go Broke. Americans are sick of the lefts twisted agenda. Report: Laid-off Hollywood Executives Panic as Jobs Vanish \u2014 \u2018This Is a Full-Scale Depression\u2018 <a href=\"https:\/\/t.co\/KcNvvChTh8\">https:\/\/t.co\/KcNvvChTh8<\/a> via <a href=\"https:\/\/twitter.com\/BreitbartNews?ref_src=twsrc%5Etfw\">@BreitbartNews<\/a><\/p>\n<p>\u2014 Patriotic \ud83c\uddfa\ud83c\uddf8Suzanne\u2b50\ufe0f\u2b50\ufe0f\u2b50\ufe0f (@suzost) <a href=\"https:\/\/twitter.com\/suzost\/status\/1769850878465609834?ref_src=twsrc%5Etfw\">March 18, 2024<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>                    <!--begin code --><\/p>\n<p>                    <!--end code --><\/p><\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/americanfaith.com\/hollywood-executives-panic-as-jobs-vanish-in-the-industry-this-is-a-full-scale-depression\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hollywood executives who have been laid off amid recent studio budget cuts are worried about long-term unemployment as the industry has declined in recent years. \u201cThis is a full-scale depression for the entertainment industry,\u201d one TV executive told Deadline. Studios such as the Walt Disney Company, Paramount, Warner Bros. Discovery and Amazon MGM have all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14792,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[]},"categories":[43],"tags":[],"_links":{"self":[{"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/posts\/14791"}],"collection":[{"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/comments?post=14791"}],"version-history":[{"count":0,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/posts\/14791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/media\/14792"}],"wp:attachment":[{"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/media?parent=14791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/categories?post=14791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cccfornews.com\/index.php\/wp-json\/wp\/v2\/tags?post=14791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}