DreamWorks downsizes

DreamWorks Animation has said it is reducing the number of films it produces each year from three to two and cutting 500 jobs.

DreamWorks downsizes

DreamWorks Animation has said it is reducing the number of films it produces each year from three to two and cutting 500 jobs.

The company – known for animated films such as Shrek and Kung Fu Panda – said it is seeking to reduce costs and improve profitability.

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