Staffers are let go with the ability to be re-hired when things pick up.

Its the first round of layoffs sinceSony Pictures Entertainment acquired the chain in June.

Its part of a new SPE division called Sony Pictures Experiences.

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Both the chain and the division are led by Alamo Drafthouse CEO Michael Kustermann.

The Austin, Texas-based chain also owns Fantastic Fest.

Its completed key upgrades and added new locations under Sony.

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