Alamo Drafthouse laid off 15 workers at its Mission District location, accounting for 10-15% of its staff, due to insufficient profit margins. The layoffs were also mirrored at the corporate level and across several other locations nationwide. Employees expressed surprise and confusion regarding the sudden decision, with the company indicating a potential re-application opportunity in spring. The restructuring follows Alamo's acquisition by Sony Pictures, though the parent company was not directly involved in these specific layoffs, emphasizing the independent management of Alamo.
I could tell right away there was something up because of the way his tone was ... very monotone. I remember my response was very much 'like this is very sudden.'
Employees were told the company acted because profit margins did not allow them to provide hours to the current number of employees.
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