In a memo to employees obtained by Deadline, CEO and executive directorsays 24 staff positions are being eliminated, or about 13% of the total across its LA, New York and Park City offices. Other staffers will shift to reduced work schedules, and seasonal staff budgets will be “greatly reduced from their usual levels,” Putnam wrote in the memo .
Sundance Institute gets about two-thirds of its operating budget from contributions but relies heavily on live-event ticket revenue. Yet in tightening its belt, the organization has sought to preserve its support of the creative community, a hallmark of founder Robert Redford from the beginning.the 2021 edition of its annual January event would be expanded to ““at least 20 independent and community cinemas across the U.S. and beyond.” An online component will also be added, organizers said.
Gathering in live spaces will always be critical to our values and work, but in-person events, including the Festival, will be different for at least the next year. From streamlining programs to moving in-person events to a digital format, we have decided we must restructure and realign our teams to meet our new reality.
Acknowledging that the way we physically produce our Festival and Labs will shift as we elevate digital platforms and partner-led collaborations, we are consolidating our Festival and Lab operations teams.
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