This week marks the second round of Disney layoffs with more to come
The latest round of layoffs at the Walt Disney Company will be happening this week. This second round of layoffs is expected to be the largest, as approximately 4,000 employees will receive notification that they have been laid off by the end of the week.
Related: Next Round of Disney Layoffs to Include 15% of Staff in Entertainment Divisions
This round of layoffs will impact a variety of departments within Disney Entertainment, ESPN, and the Disney Parks, Experiences, and Products divisions. While the layoffs will not impact hourly part-time and full-time employees at the parks, we will not know details about specific roles or departments within these divisions impacted by the layoffs until the notifications are completed.
The third (and final) round of layoffs will occur prior to the summer. Variety shared a memo that was distributed by Alan Bergman and Dana Waldenprior, co-chairman of Disney Entertainment, prior to this week’s layoff notices:
Team,
As you all know, a few weeks ago the company began notifying employees whose roles are impacted as part of our overall business realignment and cost-savings efforts. We wanted to share that notifications will continue in many areas of the company over the next several days. In addition, restructuring in various businesses will continue for the next couple of months, and we do anticipate there will be further impacts before the summer, as previously shared. Each team is in a different place in this process, and your leaders will be sharing more context for your group soon.
These are hard decisions and not ones we take lightly – but every decision has been made with considerable thought, and we are doing everything we can to make sure this process is conducted with respect and compassion. The senior leadership teams have been working diligently to define our future organization, and our biggest priority has been getting this right, rather than getting it done fast. We recognize that it has been a period of uncertainty and thank you all for your understanding and patience.
This is a time of transition for Disney, and these changes affect everyone, whether or not your role is impacted. We are committed to supporting you through this period and encourage you to reach out to your leader or HR partner with any questions or for guidance, as needed.
While we are confident that these efforts will better position us for the future, we realize this all takes a toll. We want to acknowledge the impact of this moment and simply reiterate our appreciation for all of you and the passion and dedication you’ve brought to the work we do every day. And for those who will be leaving the company, please know that your contributions are valued and appreciated – you have all played a meaningful role in making Disney what it is today.
With gratitude,
Alan & Dana
Related: Disney Layoffs hit ABC News as Several Top Executives Let Go
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