Alamo Drafthouse, a popular theater chain with 35 cinemas across 25 metro areas, recently underwent company-wide layoffs. The downsizing comes seven months after its acquisition by Sony Pictures Entertainment. The layoffs affected both corporate and store employees, with a focus on restructuring for more effective business operations and preparing for a slow season at the box office. Some employees claim that up to 30 people per location were let go without prior notice.
While the upcoming months may lack high-grossing titles, the summer is expected to bring in hits like Superman, Mission: Impossible – The Final Reckoning, and The Fantastic Four: First Steps. Laid-off employees were advised to re-apply for their roles in the spring as the company anticipates growth and expansion. It’s important to note that the decision to lay off employees was made by Alamo and not mandated by Sony.
Founded in 1997 by Tim and Karrie League, Alamo Drafthouse has evolved into a successful dine-in cinema chain known for its diverse movie offerings. Despite its recent layoffs, Alamo remains a beloved brand in the industry. The acquisition by Sony in 2024 marked a significant milestone, as it was the first time in over 75 years that a Hollywood studio owned a theater chain.
For more information on this story, Alamo and Sony have not provided any comments at this time.
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