Paradigm has reached an agreement with the Writers Guild of America
about one-sixth or more of its workforce, with the remaining employees taking a temporary 50 percent paycut, as the novel coronavirus pandemic has slowed industry activity to a dead halt in some areas. The layoffs occurred at all levels and across departments, including, according to a source, just over a dozen literary agents.
With the WGA deal, the rest of the lit department will once again be able to represent writers – which currently are among the only professions still working as virtually all production activity has shut down. It is now almost a year since the guild ordered its members to leave their agents.
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