Paradigm Implements Layoffs, Paycuts Amid Coronavirus Shutdown

Paradigm is cutting back as the industry has ground nearly to a halt amid the coronavirus pandemic.
In addition to anticipated layoffs of about a hundred or more of its 600-plus employees, The Hollywood Reporter also has learned that payroll will be reduced for those who remain at the company.
CEO Sam Gores broke the news in an agency-wide Zoom call this morning, and a second call with department heads was to follow. Although certain divisions, such as Paradigm’s industry-leading music dep