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flag Lionsgate introduces voluntary severance and early retirement packages for U.S. employees amid company-wide cost-cutting measures.

flag Lionsgate has introduced voluntary severance and early retirement packages for U.S. employees to navigate a challenging business climate. flag This follows the company's acquisition of Entertainment One from Hasbro, resulting in a 10% workforce cut at eOne. flag The move aligns with recent layoffs at Disney and Paramount as both companies undertake significant cost-cutting measures. flag Additionally, Lionsgate has made its studio division a standalone entity, separate from Starz.

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