Hello Sunshine Lays Off Half of Staff Post-Acquisition by Witherspoon and Mediawan

• Hello Sunshine is laying off about 30 employees, which is half of its staff.
• Reese Witherspoon re-acquired Hello Sunshine with the support of Mediawan.
• The layoffs were not unexpected and are part of the restructuring post-acquisition.
• Hello Sunshine produces film and TV titles and maintains a book club.
• The company was previously acquired by Candle Media in 2021.