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Disney Laying Off Hundreds In TV & Film Entertainment, Corporate Finance
Layoffs are underway at the Walt Disney Company on Monday, with several hundred employees impacted globally. The bulk are at Disney Entertainment.
Getty Images EXCLUSIVE: Major layoffs are underway Monday the Walt Disney Company, with several hundred employees impacted globally, Deadline has learned. Disney’s Bob Iger set the pace upon his return as CEO, establishing a goal of at least $7.5 billion in cost reductions at the start of 2023, with about 7,000 jobs eliminated that year. At the annual shareholder meeting earlier this spring, Iger spoke about creating new jobs, largely in Disney experiences, including theme parks.
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