EntertainmentPhoto: News18 MoviesReese Witherspoon’s Hello Sunshine Lays Off 30 Employees After Buyback
Reese Witherspoon has laid off around 30 employees, nearly half of Hello Sunshine's staff, after reclaiming control of the production company from Candle Media. Witherspoon plans to focus the company on films, TV shows, and her book club, shutting down much of its direct-to-consumer division. She reportedly bought back Hello Sunshine for less than the $900 million Candle Media paid in 2021.
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