They are saving millions a day by having no active productions.
They are going to be able to get out of a bunch of existing contracts.
They have had a very long time to strategically plan for this.
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Im a project manager in the field of feature and episodic post production.
I have been furloughed and a furlough is on the horizon for my partner.
We have eliminated everything that is not an absolute necessity from our budget.
We let go of our childcare provider and halted all extracurricular activities and entertainment.
We stopped making contributions to our retirement and stopped paying down our debts.
Even with all these cutbacks, we are still struggling to pay the bills.
Leaving California is another option currently on the table.
As Los Angeles natives, this is an idea we never imagined entertaining.
Im sure we will weather this storm.
I have the utmost sympathy for them and I hope they are able to weather this storm peacefully.
