United Talent Agency, which had been on an acquisition spree nabbing boutique firms, is undergoing a round of layoffs, the company said Wednesday. The cuts are said to be impacting a single digit percentage of a workforce that totals 2,000 employees.

“We’ve grown a great deal over the last several years, and as a result decided to make some adjustments,” a UTA spokesperson said. We’re unfortunately parting ways with a small number of colleagues and are grateful for everything they’ve contributed.” Deadline earlier reported the cuts.

More to come.