Technicolor Creative Studios Shuts Down Global Operations – Uncertainty Looms Over Indian Offices
February 2025 – The shutdown of Technicolor Creative Studios has sent shockwaves across the global VFX industry, with over 10,000 employees impacted worldwide, including nearly 2,000 artists and staff in India. The company, known for its world-class visual effects through subsidiaries like MPC, The Mill, and Mikros Animation, has been struggling with severe financial challenges and failed attempts to secure new investors, ultimately leading to this massive closure.
Indian Employees Left in the Dark
While Technicolor has officially ceased operations in the U.S., UK, and other global offices, its Indian division has yet to make any formal announcements regarding the shutdown. Employees in Bangalore, Mumbai, and other locations have reportedly been instructed not to report to work until further notice, leaving them in a state of uncertainty about their future.
What’s Next?
With no clear communication from Technicolor India, employees are left anxiously waiting for an update on their employment status and financial settlements. The VFX community is closely monitoring developments as the future of Technicolor’s Indian offices remains uncertain.
Vfxexpress will continue to provide updates as the situation unfolds.
