Legend3D Pares Staff Again as Hollywood Slowdown PersistsFriday, July 1, 2011
Legend3D Inc., the three-dimensional film conversion studio in Carmel Valley, said July 1 it laid off another 54 people because of a slowdown in film projects in Hollywood.
Last month, the company founded by Barry Sandrew reduced its staff by 60 people, citing the same slowdown in work.
“The entertainment industry requires constant shifting and flexibility as it relates to staffing, accommodating the needs of customers and the unpredictable flow of projects,” the company said in a prepared statement.
The firm that converts regular filmed movies and scenes into three-dimensional formats and worked on both the “Shrek” and “Alice in Wonderland” movies said it now has 308 employees locally and about 500 at another studio in India.
The business grew from about 40 people in 2010.
— Mike Allen