Quixote Studios Lays Off 70, Winds Down L.A. Locations Amid Production Slump
Quixote Studios is laying off 70 employees and shutting down its production services in Atlanta and soundstage operations in Los Angeles due to a production slump. The company, acquired by Hudson Pacific Properties in 2022, has faced significant operating losses, leading to a complete write-down of its value. The changes are part of a strategy to focus on more profitable markets and reduce costs by approximately $21-$27 million annually.
- ▪Quixote Studios is closing its Atlanta production services and winding down its L.A. soundstage business.
- ▪About 70 employees will be laid off as a result of these changes.
- ▪Hudson Pacific Properties has written down the entire value of its Quixote unit due to heavy operating losses.
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| Canonical URL | https://variety.com/2026/film/news/quixote-studios-production-slump-layoffs-1236732572/ |
| Publication time | Tue, 28 Apr 2026 21:01:36 +0000 |
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Home Film News Apr 28, 2026 2:01pm PT Quixote Studios Lays Off 70, Winds Down L.A. Locations Amid Production Slump By Gene Maddaus Plus Icon Gene Maddaus Senior Media Writer @GeneMaddaus Latest Harvey Weinstein Rape Case Ends in Mistrial as Jury Unable to Reach Verdict 1 day ago Amazon Studios Accused of Blacklisting Vendor Who Refused to Pay Kickbacks 2 days ago Nithya Raman Is Hollywood’s Choice for L.A. Mayor — But Will It Matter? 2 days ago See All Google Maps Quixote Studios is shuttering its Atlanta-based production services business and winding down its soundstage business in L.A. amid an ongoing production slump, the company announced Tuesday. The changes will mean layoffs for about 70 people in Atlanta and Los Angeles.
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