WrapPRO Roundtable: How Pandemic Layoffs Will Reshape Hollywood | Video

The pandemic has brought waves of layoffs to Hollywood entertainment companies, including more than 100,000 furloughs at Disney early in the pandemic, many of which have turned into 28,000 layoffs with another 4,000 layoffs to come in 2021.

Whether those layoffs will lead to a permanent change in the entertainment industry was the subject of the first WrapPRO Roundtable, a new monthly video series tapping Hollywood experts to go behind the scenes.

Two entertainment business experts, one from UCLA and one from USC, came together to talk about something besides football to discuss the new employment landscape.

Gene Del Vecchio, an adjunct professor of marketing at USC’s Marshall School of Business, and Jay Tucker, who heads up the Center for Management Enterprise in Media, Entertainment and Sports for UCLA’s Anderson School of Management, say that staggering furloughs and layoffs at mega-companies including Disney and NBCUniversal, as well as at smaller companies and studios,
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