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Josh D’Amaro Confirms Disney Job Cuts Will Not Affect Hourly Cast Members
In an email to Disney Cast Members about the 7000 Job Cuts that were announced by Bob Iger yesterday in the 1st Quarter Earnings Call. Disney Parks Chairman Josh D’Amaro confirmed that these job cuts would not affect hourly frontline Cast Members at the Disney Theme Parks.
Related – Bob Iger To Cut Some 7000 Jobs at Disney as Cost-Cutting Measure
These job cuts amount to about 3% of Disney’s global workforce. Bob Iger, said the job cuts are necessary to “address challenges” the company is facing right now.
Former Disney CEO Bob Chapek announced a hiring freeze and job cuts before he was replaced by Bob Iger. Many were hopeful that these job cuts would not happen considering Disney saw an increase in revenue for the 1st quarter of 2023.
Related – Walt Disney Company Revenue Grew by 8% for the First Quarter of 2023
Click here to read the full first-quarter earning report for 2023.
