Dune visible results (VFX) agency DNEG is making its workers take a pay minimize or be part of a mortgage scheme.
In keeping with an unique report by Deadline, DNEG has requested over 10,000 of its workers to take a pay minimize of 20-25 p.c for seven months relying on their wage. In the event that they’re unable to afford the cuts, workers have the choice to affix a mortgage scheme that sees them pay again a fair bigger quantity over the course of three years.
Deadline stories that workers who don’t conform to do both choice imagine they are going to be fired.
The cuts are resulting from a scarcity of labor attributable to Hollywood studios’ unwillingness to pay writers and actors honest wages. The Writers Guild of America (WGA) went on strike in Could 2023 adopted by the Display Actors Guild and American Federation of Tv and Radio Artists (SAG-AFTRA) in July 2023. The WGA and SAG-AFTRA strikes foyer for higher pay, safety towards synthetic intelligence, and extra.
DNEG workers are ‘tremendous pissed off’ on the firm’s resolution
One DNEG worker mentioned the corporate’s transfer has made everybody working there “tremendous pissed off.” They added, “We really feel like DNEG just isn’t providing something to compensate however are as a substitute pushing all the burden and danger on the worker.” One other worker accused the corporate of “exploiting employees.”
In a press release supplied to Deadline, DNEG mentioned the choice was not one which the corporate “made frivolously.”
“DNEG just isn’t resistant to the influence of the present business disruption, and we aren’t alone,” the assertion reads. “These challenges are impacting all filmmaking departments, and our world purchasers are going through suspension or postponements of tasks that symbolize significant income to all firms and professionals working on this business. Because of this, we’re repeatedly and proactively reviewing all areas of our enterprise to make sure that we are able to proceed to ship the best high quality work whereas defending as a lot of our workers’ positions as potential. As a way to do this, we’ve requested all workers and workforce members, together with probably the most senior executives and inventive leaders, to imagine short-term pay cuts that may allow us to keep up the utmost variety of jobs by this era.”