Disney Plans Major Layoffs Under New CEO
SOURCENews reportView the filing ↗
What we know
Department affected: ABC News, Disney Entertainment Networks.
Based on news reporting.
Summary
The Walt Disney Company is preparing for significant layoffs under its new CEO, as reported. While specific numbers and dates have not been disclosed, the company has indicated plans to reduce its workforce as part of a broader restructuring strategy. This move comes amid ongoing challenges in the entertainment industry, and Disney aims to streamline operations to enhance profitability. The exact impact on employees and the timeline for these layoffs remain unclear, with further details expected in the coming months.
LayoffTalk has tracked 31 layoff events at The Walt Disney Company since September 2020, including 125 jobs documented in official WARN filings, with 29 additional events known from news reporting.
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Estimated figure based on news reporting. Not yet confirmed by The Walt Disney Company.
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