DreamWorks Animation (DWA) will cut jobs after suffering a box office disappointment with Rise...

|By:, SA News Editor

DreamWorks Animation (DWA) will cut jobs after suffering a box office disappointment with Rise of the Guardians. The studio will also pull back its production schedule to only release two films in 2013 instead of three. DWA -3.4% premarket, with a downgrade from Piper Jaffray to Neutral from Overweight also factoring in.