Endemol Shine Australia merger sees major round of redundancies at production house
The merger of two of Australia’s biggest production houses Shine Australia and Endemol has led to a major round of redundancies, Mumbrella understands.
Market speculation has it that Endemol is the worst impacted with suggestions of as many as 40 positions gone in the wake of the merger, while other sources have suggested the number is lower, at around half that.
A spokeswoman for the newly merged Endemol Shine Australia would not comment on the exact number of redundancies, but told Mumbrella: “In any merger of two companies there will always be people who choose to leave, roles that are no longer required and similar roles where only one person is required.
“As a result there are always some changes and some departures and in our case it is no different.”
Wow, could the spokesperson sound any more heartless? It’s okay to express regret about staff leaving your newly merged entity Endemol/Shine, not palm it off with an “oh well, that’s business” mentality.