LOS ANGELES: Miramax Films last week announced a 13% staff reduction, including posts in PR and marketing.
The studio said it was letting go 65 of its 485 employees. Staff were informed of the cuts on August 13 and let go immediately, said a Miramax staffer. The cuts to PR were mostly low- and mid-level, but the exact number of publicity staff let go was not available.
Matthew Hiltzik, SVP of corporate communications and government relations, said, "This is not a reflection on anyone's performance. It is simply an effort to bring staff levels in line with a smaller release slate."
Miramax plans to release 18 films this year. That's down from 22 last year and 31 in 2001.
The majority of its high-profile award contenders have not yet hit theaters. The extra Oscars pushes are often handled by outsiders, but require in-house help.
That slate includes Martin Scorsese's The Aviator, Finding Neverland with Johnny Depp, and An Unfinished Life, starring Jennifer Lopez and Robert Redford.
Hiltzik said that he did not expect the cuts to impact campaigns for those films.