Hollywood talent agencies are getting into a cost-cutting mode amid a second industry work stoppage in three years.
Many have implemented extra scrutiny/cuts in travel and expenses and some are also contemplating/planning temporary salary reductions.
The measures are being taken as theWGA strikeis entering its fourth week.
WGA Strike, Hollywood SignGetty
All agents and support staff are on full salary and no one has been let go.
That is currently the case at most agencies though a couple are contemplating temporary salary reductions.
The agency would not comment on the possibility or rumored expense trims.
So far, they pertain mostly to support staff but there have been a handful of agents affected too.
I hear 30 assistants and 3 agents have been impacted.
At the time, salary reductions became the norm, along with furloughs and layoffs.
UTAunderwent a round of layoffsin February; CAA also had a few layoffs in March.
That would help minimize the need for major cost-cutting measures like overhead reduction.
