Universal has yet to determine how many of the 44 people employed at the New York office will lose their job. It is believed they will stay on board through the company’s transition through the end of the year, according to sources close to the situation.
The Focus re-structuring, which was announced Tuesday, brings in the majority of the team from FilmDistrict, which was absorbed into the former company, with chief Peter Schlessel replacing former Focus CEO James Schamus.
Source: Variety