Digital Domain layoffs 280 of its 300 employees

Tuesday, Digital Domain Media Group filed for Chapter 11 bankruptcy.  This comes just three days after it laid off 280 of its 300 employees at its animation studio in Port St. Lucie.  That allows the company to continue to operate while it sets up a plan to pay back its creditors…

via Digital Domain layoffs: Port St. Lucie begins to take inventory.