Sony Pictures Entertainment to Lay Off Hundreds of Staffers in Massive Restructure of Film, TV and Corporate

Sony Pictures Entertainment will layoff hundreds of employees over the next several months as part of a company-wide restructuring of its film, television and corporate divisions. The restructuring was announced by Sony Pictures CEO Ravi Ahuja in a memo to employees on Tuesday obtained by TheWrap, which can be read below: Good morning, Today you'll hear about changes that are starting to roll out across the company, and I'd like to share some context on how we are refining our organization for the next phase of growth. Over the past year, we have sharpened our strategy and clarified where . . .