is cutting about 40 support staff positions in a downsizing effort that coincides with the company’s decision to raise the hourly wage for all assistants to $20.
The decision to trim the ranks of assistants and other support staffers comes as the company prepares to gradually reopen its Century City offices to employees. In looking at how to spread staffers out to comply with social distancing recommendations, agency leaders realized that given in the era of smartphones and video conference calls, agents no longer need as many assistants and support staffers as they once did.
ICM’s structural decision comes at a time when all major players in Hollywood are grappling with the economic downturn spurred by the coronavirus outbreak. The industry’s largest talent agencies have been in the eye of a storm as the battle with the Writers Guild of America over the right to represent writers has dragged on for more than a year.
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