DEST to Lay Off 25% of Workers, Seek Buyer
From United Press International
MILPITAS, Calif. — DEST Corp. said it will reduce its work force by 25% over the next month, and said it is seeking a buyer.
Robert Riopel, vice president of finance, said the cutbacks, which total “22 or 23 employees,” will come by way of attrition or layoffs.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.