More layoff news in what already has been a depressing week. Disney is in the middle of a new wave of cuts as part of a “cost-saving initiative,” sources tell Deadline. We hear about 300 or so people are affected by the layoffs that started yesterday and are continuing today and tomorrow, with a possibility to stretch beyond that.
The positions — all based in the U.S. — are across Disney’s corporate operations, including legal, HR, finance and communications, we hear. Among the divisions that are not impacted in this round are Parks, ESPN as well as Disney Entertainment.
https://deadline.com/2024/09/disney-layoffs-corporate-1236099769/