Sony Imageworks Shifting Staff from Los Angeles to Vancouver

Variety Magazine reported yesterday that Sony Pictures Imageworks is transferring a portion of the staff from its Los Angeles HQ to its studio in Vancouver.

According to the report it is a cost cutting move and employees in both locations are bracing for layoffs.

“As part of this process, we are transitioning a percentage of our technology teams to our Vancouver, B.C. studio in order to provide greater support to our artist community and remain cost competitive,” Sony said in a statement issued exclusively to Variety

“Sony Pictures Imageworks is committed to our headquarters in Los Angeles and we have a healthy slate of projects through 2014 including Columbia Pictures’ The Amazing Spider-Man 2″ and Warner Bros.’ “Edge of Tomorrow.”

While Sony declined to specify how many jobs would actually be relocated, Variety reported that the number is likely around three dozen, mostly in software development.