Feb 13 2009
Gonzo Cutting Creative Staff from 130 to 30
It has been announced this morning that Gonzo will be reducing its creative staff from 130 down to 30 over the next five years. The staff cuts are starting just months after GDH asked employees to take a voluntary severance package and “retire” with most opting to take the deal. Even earlier still was the announcement that Gonzo would be cutting their output in 2009 down to four series. Slowing DVD sales are the primary cause of the cuts. Gonzo’s parent company, GDH, hopes that these cuts will restore Gonzo as a profitable company.
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