Started by Gold Trumpet, January 16, 2003, 06:18:19 PM
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QuoteCriterion has let go a number of staffers in a "reorganization" of the company that took place on Wednesday, October 19.Criterion Collection President Peter Becker told IndieWire that the layoffs affected several departments — and about 20 percent of the company, with 16 employees laid off from a staff of over 80."Yesterday was a sad day at Criterion," Becker said via email. "We had to part ways with a number of staffers across several departments as part of a reorganization intended to prepare the company for the challenges and opportunities that lie ahead, which are markedly different from the ones we had built ourselves up to address in the past."He added that there were no further staff changes planned. "We spoke personally with everyone impacted to express the company's respect and our gratitude for their work, of which we all remain very proud," he said.Criterion representatives declined to comment further on which departments specifically were affected.