SINGAPORE: The local branch of visual effects studio Double Negative will be shut down, it announced on Wednesday (Mar 23).
"The closure will result in the redundancy of the majority of the staff in Singapore," the studio said. Operations in the Singapore facility are expected to cease by May 20.
The Singapore branch of Double Negative was responsible for some of the visual effects in several Hollywood blockbusters, such as Godzilla, Man of Steel and The Hunger Games: Mockingjay Part 1 and Part 2.
The studio said that it will be working with the Singapore Government to help staff find jobs at Double Negative's other studios - such as in London, Mumbai and Vancouver - or in other companies here.
“In closing the facility, our first priority is our staff. We will be working closely with the relevant agencies in the Singapore Government to ensure that all support is given to our staff in finding them ongoing roles at one of Double Negative’s other facilities or potential training and placement in other firms in Singapore,” said the firm's managing director Alex Hope.
“Closing a facility is never an easy choice," he added. "However we must be responsive to the requirements of our clients and ensure our global operation is well-balanced to meet their needs. The changing global dynamics of the film industry has focused the growth and development of our operations elsewhere in the world.”
Double Negative is also behind some of the effects work for the new Batman V Superman: Dawn of Justice movie, as well as the upcoming Captain America: Civil War.