Location: Burbank, California, USA.
Department affected: Marvel Entertainment.
Based on news reporting.
Marvel Entertainment, a subsidiary of The Walt Disney Company, has laid off approximately 80 employees, which accounts for 8% of its workforce. This decision comes amid broader layoffs announced by Disney, reflecting ongoing challenges within the entertainment industry. The layoffs primarily affected staff in various departments at Marvel's Burbank headquarters. Disney's restructuring efforts aim to streamline operations and reduce costs, impacting several divisions across the company. The layoffs are part of a larger trend in the industry as companies adjust to changing market conditions and consumer behaviors.
The Walt Disney Company cut 80 jobs affecting its Marvel Entertainment team as of October 1, 2023.
LayoffTalk has tracked 34 layoff events at The Walt Disney Company since September 2020, affecting a combined 45,999 employees.
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