Lucasfilm is closing its Singapore visible results and animation studio after almost 20 years, doubtlessly resulting in round 300 layoffs.
Lucasfilm’s Industrial Light & Magic (ILM) VFX and animation studio opened within the nation in 2004 to work on Star Wars: The Clone Wars. The crew moved into the Sandcrawler Building, which additionally homes Disney’s places of work for Southeast Asia, in 2013 and that constructing was acquired by the Blackstone Group eight years later.
A Disney spokesperson instructed native outlet CNA that ILM can be “consolidating its global footprint and winding down its Singapore studio due to economic factors affecting the industry.”
The transfer will influence round 300 staffers and Disney mentioned ILM will “give employees as much notice as possible and offer opportunities to relocate to one of the company’s growing studios,” together with internet hosting a neighborhood job honest “with companies identified as having a need for talent with similar skill sets.” ILM is headquartered in San Francisco and in addition has studios in Vancouver, London, Sydney and Mumbai.
In a joint assertion on Tuesday, Singapore’s Economic Development Board (EDB) and Infocomm Media Development Authority (IMDA) mentioned Lucasfilm and the related authorities businesses are serving to affected staff to seek out roles in different corporations.
“The technical and creative skillsets of these employees — who are trained across roles such as designers, tech engineers and tech support staff — continue to be in high demand, both within the broader media industry and also in other industries that are going digital,” they mentioned.
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