major layoffs happened at disney, warner bros, and paramount
many layoffs affected rank-and-file employees and mid-level execs
recruiters say past success doesn’t guarantee future leadership roles
some expect recovery in the job market by 2026
many laid-off workers are simplifying their lives to survive
new jobs, when found, often come with pay cuts, up to 50%
starting a business in hollywood is no longer stigmatized
many former execs are starting independent ventures
hollywood workers are trying to adapt to the tough new job landscape
the current job market remains tight for entertainment industry professionals