Technicolor Group, the French VFX giant that owns some of Hollywood’s most in-demand post-production houses, appears to be on the brink of collapse — putting thousands of jobs at risk.

After failing to secure 11th hour deals for new investors, Technicolor has started to shut down operations in the U.S. and globally.

Most of the VFX company's 440 workers in Britain have been made redundant as the business enters administration The post Technicolor Shuts Down Majority of UK Operations appeared first on TheWrap.