Megan Ellison's Annapurna Pictures has laid off approximately 30 employees, representing over 15% of its workforce. This significant reduction comes as the independent media company navigates shifting market conditions. The company confirmed the layoffs, stating they reflect current business realities. Annapurna is currently realigning its operations to adapt to the changing landscape of the entertainment industry. Ellison remains at the helm as CEO during this period of restructuring.
Los Angeles, California
https://variety.com/2026/film/news/megan-ellison-annapurna-layoffs-1236843926/