How many employees did AGBO lay off?

AGBO laid off approximately 20 employees, which constitutes about 15% of its workforce.

What is AGBO's role in upcoming Marvel films?

AGBO is a producer for the upcoming Marvel film Avengers: Doomsday.

What kind of films has AGBO produced?

AGBO has produced major action titles such as Marvel's Avengers: Infinity War and Endgame, The Gray Man, and Extraction.

Home / Arts and Entertainment / AGBO Cuts 15% of Staff Amid Major Productions

AGBO Cuts 15% of Staff Amid Major Productions

28 Jan

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Summary

AGBO, the Russo Brothers' studio, has laid off approximately 20 employees.
The cuts represent about 15% of AGBO's workforce, impacting middle management.
This restructuring occurs as AGBO produces upcoming major films like Avengers: Doomsday.

AGBO Cuts 15% of Staff Amid Major Productions

AGBO, the production company established by the Russo Brothers, has recently undergone significant workforce reductions, laying off approximately 20 employees. This amounts to about 15% of its total staff, with most of the affected positions being in middle management. The studio is currently undergoing a reorganization process aimed at long-term company restructuring.

This period of layoffs coincides with AGBO's involvement in major film productions. The studio is a producer for Marvel's Avengers: Doomsday, scheduled for release on December 18. In recent years, AGBO has been behind numerous successful action films, contributing to a global box office exceeding $7 billion. Their filmography includes hits like Marvel's Avengers: Infinity War and Endgame, as well as Netflix's The Gray Man and Extraction franchise films.