Streamer And Specialty Distributor Cineverse Reveals Layoffs

Streamer and specialty film distributor Cineverse has revealed that layoffs have hit its workforce of 300 employees. In its report of fiscal first-quarter earnings on Thursday, the company said it completed a “reduction in force” after the June 30 end of the quarter. The move will result in $1.8 million in annual cost savings, the […]

By Dade Hayes