Location: Burbank, California, USA.
Department affected: creative teams.
Based on news reporting.
The Walt Disney Company has announced plans to lay off approximately 7,000 employees as part of a restructuring effort aimed at reducing costs and improving profitability. This decision comes in response to ongoing financial challenges faced by the company, including declining revenue in its streaming services and theme parks. The layoffs are expected to occur in the coming months as Disney seeks to streamline its operations and focus on its core business areas. The company has indicated that these workforce reductions are part of a broader strategy to enhance its financial stability and adapt to changing market conditions.
The Walt Disney Company cut 7,000 jobs affecting its creative teams team.
That is roughly 4% 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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The Walt Disney Company has announced planned job cuts affecting 7,000 employees. Were you notified, or are you still waiting to hear? What is leadership telling employees? You can post anonymously below.
Estimated figure based on news reporting. Not yet confirmed by The Walt Disney Company.
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