Variety: As it approaches an expected bankruptcy filing on Wednesday or Thursday, Relativity Media is said to be preparing to lay off up to 100 of its 350 employees. The job cuts are expected to hit hardest in the entertainment company’s digital, fashion and education units, all relatively new operations that are said to be a drag on the bottom line of the operation, which is saddled with $320 million in debt that it is struggling to refinance.