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Paradigm has made a significant cut to its staff, laying off about 30 agents and support staff or 4% of its employees, Variety has confirmed.
Sources said most of the layoffs were in the music area at the agency and took place Friday.. Paradigm, which had about 700 employees prior to the layoffs, had no comment.
Layoffs - Months - Paradigm - Founder - CEO
The layoffs came seven months after Paradigm founder & CEO Sam Gores announced that he was calling off talks about a potential merger between Paradigm and UTA.
Variety reported exclusively on Jan. 15 that Paradigm had promoted longtime agents Scott Henderson, Scott Metzger, Andrew Ruf and recently hired chief marketing officer Lori Feldman to managing partners. Gores remains CEO while Greg Bestick remains president and Marty Diamond continues to head up Paradigm’s music division.
Paradigm - Executive - Moves - Works - Months
Paradigm’s executive moves have been in the works for months now. They are...
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