CAA has began the method of year-end evaluations that’s anticipated to lead to brokers being let go within the subsequent couple of months, sources inform Deadline.
Whereas year-end efficiency critiques are typical for expertise businesses (and different corporations), the method at CAA is attracting an unusually massive consideration this yr, with the Hollywood rumor mill churning names. Deadline has seen numerous circulating lists that includes a few dozen brokers, together with veterans with established consumer rosters.
It’s believable that a few of these rumored would find yourself leaving although sources warning that the departments at CAA are in early phases of the evaluation course of and the majority of the selections will probably be made within the coming weeks. Deadline will present updates in/when notable CAA brokers’ exits are confirmed.
It additionally is feasible that brokers depart for brand spanking new alternatives. The final months of the yr are a interval of excessive mobility when individuals have a tendency to alter jobs. CAA movement image agent Bryan Diperstein simply departed to be part of administration and manufacturing firm Journey Media as a accomplice.
Not like layoffs, the place the main target is headcount discount, phrase is that there isn’t a set variety of what number of brokers could be leaving. That mentioned, the quantity is anticipated to be on the higher finish of what such annual cuts entail.
When all is claimed and executed, the tally may come near the March spherical of layoffs when just below 20 individuals had been let go throughout a handful of departments in content material areas, together with expertise. A rep for CAA, which workers about 3,400 individuals, declined remark.
CAA simply crossed the one-year mark underneath its new proprietor, Francois-Henri Pinault’s Artémis, which accomplished a majority stake acquisition final September.
Simply earlier than that, in August 2023— amid the double WGA and SAG-AFTRA strike — about 60 CAA staffers had been laid off in departments similar to TV Lit, music and IT.