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Sunday, June 16, 2024

Disney’s newest and largest spherical of layoffs has begun

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Following CEO Bob Iger’s announcement back in March that Disney was in search of to put off some 7,000 of its workers, Reuters reports that the second spherical of firings started as we speak and is projected to proceed by way of Thursday earlier than selecting up once more later this 12 months. Whereas the frontline hourly employees at Disney’s parks and resorts aren’t anticipated to be affected by the layoffs, cuts are being made throughout quite a few the corporate’s company arms, like ESPN, Disney Leisure, the merchandise division, and Disney Parks’ company management.

“The senior management groups have been working diligently to outline our future group, and our greatest precedence has been getting this proper, slightly than getting it carried out quick,” Disney Leisure co-chairs Alan Bergman and Dana Walden stated in an inner workers memo. “We acknowledge that it has been a interval of uncertainty and thanks all on your understanding and persistence.”

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