Job cuts at DreamWorks Animation (DWA) could be as high as 20%, according to The Los Angeles...


Job cuts at DreamWorks Animation (DWA) could be as high as 20%, according to The Los Angeles Times. The company will also push back the release date for Mr. Peabody & Sherman from November of this year to March of 2014. Much of the turmoil emanates from the staggering loss the studio expects to take on Rise of the Guardians with Lazard Capital estimating a writeoff in the ballpark of $96M could be seen on flop.

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