Disney Bloodbath: Latest Round of Layoffs Hitting Hundreds of Corporate Employees – IOTW Report

Disney Bloodbath: Latest Round of Layoffs Hitting Hundreds of Corporate Employees

Breitbart

The bloodbath keeps getting worse at the Walt Disney Company, with a new round of layoffs expected to impact hundreds of corporate employees this week.

An estimated 300 people are affected by the layoffs that started Tuesday and are continuing at least through Thursday, according to a Deadline report. The employees affected are all in the U.S., with multiple divisions impacted, including legal, human resources, finance, and communications, according to a separate report from The Wrap.

The layoffs represent the latest round of cutting at Disney, which has been trying to right its financial ship amid continued cord-cutting as well as pessimistic consumer sentiment tied to record inflation under the Biden-Harris administration.

Last year, Disney eliminated a whopping 7000 jobs worldwide, with CEO Bob Iger promising an additional $2 billion in additional cost savings. read more

11 Comments on Disney Bloodbath: Latest Round of Layoffs Hitting Hundreds of Corporate Employees

  1. Retired from Disney after over 20 years. ESG and DEI reside at the Corporate level. Until Disney rids itself of this cancer, the layoffs will continue. I enjoyed my time working there (pre-woke), but now it needs to change or go away.

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