Newly-single Lionsgate has cut around 50 jobs company-wide, or approximately 5 percent of its workforce, in its latest belt-tightening effort, The Hollywood Reporter has confirmed.

The latest round of layoffs at Lionsgate, the studio behind John Wick and The Hunger Games franchises, brings to 13 percent the total headcount reduction for the studio over the past year.

“These are difficult decisions impacting colleagues with whom we have collaborated for years and who have made valuable contributions to Lionsgate’s success, and we will make their transitions as smooth as possible,” Lionsgate CEO Jon Feltheimer said in an internal email to studio staff obtained by THR .

Newly-single Lionsgate has cut around 50 jobs company-wide, or approximately 5 percent of its workforce

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