A major Hollywood infrastructure player is scaling back sharply, cutting jobs and shutting down key parts of its studio services business. The move is underscoring continued strain across the production economy centered in Los Angeles and California. Hudson Pacific Properties is winding down most of its Quixote soundstage operations in LA while also exiting operations in Georgia and New Mexico. The move will affect about 70 employees across Atlanta and LA, a source familiar with the decision told the Hollywood Reporter . CEO of Quixote Studios, Mikel Elliott poses for a portrait at Quixote Studios on Electronics Place in Los Angeles. Los Angeles Times via Getty Images The pullback marks a reversal for a company that expanded aggressively during the streaming boom, when demand for production space surged across California and competing production hubs nationwide.…