"Executives at other studios are canceling projects even with stars attached or putting them on the back burner. They’re also regularly asking for 20% reductions in budgets for series, according to talent agents Bloomberg News spoke with. The tighter spending is impacting other ongoing work in Hollywood, like a push to boost diversity on screen. Recent cancellations include “Woke,” a Hulu series about a Black cartoonist, and “Chad,” a TBS show focused on a Persian-American family."
https://www.bloomberg.com/news/articles/2022-09-16/layoffs-spell-trouble-for-hollywood-as-netflix-warner-bros-cut-spending?leadSource=uverify%20wall