EXCLUSIVE: It has been a rough couple of weeks for Paradigm since chairman/CEO Sam Gores initiated “temporary layoffs” of up to 200 staffers in the wake of the Hollywood shutdown by the…
against the agency by vet agent Debbee Klein, who was among those laid off. Tonight, Gores sent an internal email that sought to reassure remaining staff about what the future held for the agency. Among the proclamations was that Gores set up an undisclosed amount of “interim financing” to keep the agency afloat for the foreseeable future, set a $1.1 million fund to help those employees on temporary layoff and extended their health coverage through June.
Deadline heard rumors that Gores was going to send missives to rival agencies asking they not hire those laid off agents, who still technically are tethered to Paradigm for 90 days. While Paradigm wouldn’t comment on the internal email Deadline got hold of, a spokesman for Paradigm denied that any laid off agent would be held in place. The correspondence to rivals was specifically about agents that were not laid off and therefore had enforceable contracts.
difficult and urgent actions we took on March 20th were the hardest of my 37-year career. Paradigm’s great strength is its enormously talented staff. It always has been and always will be. The vital and significant actions we took, though necessary for the health of the company, were hard and painful. And while immmediate action was required, I realize that the way the message was conveyed to you lacked compassion and made you feel alienated from Paradigm.
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