Wētā FX is a privately owned visual effects and animation company headquartered in New Zealand. Employing approximately 1400 people, the company's primary business is live production, providing visual effects and animation services for the digital entertainment industry.
Wētā FX reported a net loss exceeding $60 million in its latest annual report, following a $82 million loss in 2024. Despite this, the company increased revenue and narrowed its full-year loss. On 2024, Wētā FX provided visual effects for *The Last of Us* Season 2, encompassing weather control, crowd simulations, and creature animation. Later, the company announced plans to cut approximately 100 jobs, primarily in support departments based in Wellington. Wētā FX cited various factors contributing to this decision, including project delays, the lingering effects of the pandemic, and global industry challenges. The job cuts were described as a significant setback for Wellington's creative sector.
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