Alamo Drafthouse Announces Layoffs Following Seasonal Slowdown and Corporate Restructuring

The theater chain, recently acquired by Sony, cuts 9% of corporate staff and reduces hourly workers as part of annual adjustments and business reorganization.

• Alamo Drafthouse has laid off 15 corporate employees, representing 9% of its workforce, as part of a business restructuring effort to improve efficiency.
• An unspecified number of hourly theater staff, largely seasonal workers hired for the holiday rush, were also let go, with the potential for rehire in the spring.
• The layoffs come seven months after Sony Pictures Entertainment acquired the chain for $200 million, though sources say these decisions were made by Alamo leadership, not Sony.
• The theater industry continues to face challenges from post-COVID recovery and a 2024 box office decline, with revenues down 23.5% compared to 2019 levels.
• Alamo Drafthouse, known for its dine-in experience and repertory programming, operates 44 locations nationwide and has recently expanded with two new theaters in San Francisco.

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