Location: Burbank, California, USA.
Department affected: Marvel Studios.
Based on news reporting.
The Walt Disney Company has initiated layoffs affecting 1,000 employees as part of its ongoing restructuring efforts. This decision comes amid broader challenges faced by the company, including shifts in consumer behavior and economic pressures. The layoffs are part of a strategic move to streamline operations and focus on core business areas. While specific departments and locations were not detailed, the company aims to enhance its overall efficiency and adapt to the changing market landscape.
The Walt Disney Company cut 1,000 jobs affecting its Marvel Studios team as of October 1, 2023.
That is roughly 0.6% of the 173,250 people The Walt Disney Company employs.
LayoffTalk has tracked 34 layoff events at The Walt Disney Company since September 2020, affecting a combined 45,999 employees.
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