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Technicolor Creative Studios Shuts Down Global Operations
February 2025 – Technicolor Creative Studios, known for its visual effects work through companies like MPC, The Mill, and Mikros Animation, has shut down its global operations. This decision follows the company’s financial struggles and failure to secure new investors. The closure has impacted over 10,000 employees worldwide, including nearly 2,000 in India.
Indian Employees Left Waiting
While Technicolor has officially closed offices in the U.S., UK, and other countries, its Indian operations remain uncertain. Employees in cities like Mumbai and Bangalore have been told not to come to work, but there has been no official statement regarding the shutdown. This has left staff in India unsure about their job status and severance pay.
Unclear Future for Indian Offices
There is still no clear information on what will happen to Technicolor’s Indian offices. Employees are left waiting for any updates on their next steps. This sudden closure has caused a great deal of anxiety, especially for those who have worked on major global projects for years.
The situation remains fluid, and the future of the Indian division is still unclear as developments continue.
