Miram Axe

So the cuts were finally made at Miramax on Friday the 13th. According to Variety, "With most of the pinkslips flying in Gotham, 65 Miramax employees lost their jobs Friday; that's 13% of all employees. Company's headcount now stands at 420." (See article)

It appears to be the first step in the retooling of the company as most of the lost spots were reported to be in marketing, publicity and distribution.