Lucasfilm is in the process of winding down its Singapore operations, marking the end of its nearly two-decade presence in the country. Citing economic factors impacting the industry, parent company Disney has revealed this decision.
The heart of Lucasfilm’s presence in Singapore has been its visual effects and animation studio, known as Industrial Light & Magic (ILM), which has employed over 300 individuals.
Disney stated, “Over the next several months, ILM will be consolidating its global footprint and winding down its Singapore studio due to economic factors affecting the industry.” The company emphasised its commitment to providing employees ample notice and options to relocate to other expanding studio locations.
Apart from Singapore and its San Francisco headquarters, ILM operates studios in Vancouver, London, Sydney, and Mumbai. To facilitate a smooth transition, ILM is collaborating with the local business community in Singapore to organize a job fair in partnership with companies seeking talent with similar skill sets.