Disney Targets Pixar Animation Studios in Latest Round of Layoffs Pixar Animation Studios has recently made significant job cuts, eliminating 75 positions, including two executives associated with the underperforming film “Lightyear,” according to sources. This marks the first significant wave of layoffs at the studio in the past decade. Among
Tag: Disney layoffs
Third Round of Disney Layoffs Underway Company-Wide
Third Round of Disney Layoffs Underway Company-Wide The third wave of Company-Wide Disney layoffs is underway now according to Deadline. Following our previous report, it has been confirmed that the ongoing cuts at Disney are estimated to affect more than 2,500 jobs across various divisions within the company. While Parks and Resorts
Largest Round of Disney Layoffs Happening This Week
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
Next Round of Disney Layoffs to Include 15% of Staff in Entertainment Divisions
Next Round of Disney layoffs will include 15% of Staff in Entertainment Divisions Next week the Walt Disney Company is expected to layoff thousands of Cast Members focusing in on their Entertainment Divisions according to sources at Bloomberg. The cuts will span Television, Movies, and Corporate Teams, affecting every region where Disney
Disney Layoffs hit ABC News as Several Top Executives Let Go
Disney Layoffs hit ABC News as Several Top Executives Let Go ABC News is next on the chopping block as Disney Layoffs are expected to cut around 50 jobs including high-profile senior executives in the first wave of cuts. “Throughout the company, teams are being impacted by the downsizing that
Disney Lays Off Chairman of Marvel Entertainment Isaac Perlmutter
Disney Lays Off Chairman of Marvel Entertainment Isaac Perlmutter It is being reported that Disney has just laid off Chairman of Marvel Entertainment Isaac Perlmutter! He was reportedly told of the layoff over a phone call that included the news that Marvel Entertainment will be folded into Disney. Related –
Iger Shuts down Bob Chapek’s Metaverse Division in Disney Layoffs
Iger Shuts down Bob Chapek’s Metaverse Division in Disney Layoffs Disney CEO Bob Iger has started to make the promised strategic cuts to shed salaries. Former CEO Bob Chapek’s “metaverse” division wasn’t far behind their former boss, who left Disney in early 2023. The metaverse project which Chapek called “next-generation
First Round of Disney Layoffs to Include Executives from Hulu, Freeform, and FX
First Round of Disney Layoffs to Include Executives from Hulu, Freeform, and FX Details are starting to be shared online on the first round of Bob Iger’s Disney Layoffs. It is being reported by Deadline that there will be a consolidation of production operations across Disney TV Studios, Hulu, Freeform,
First Round of Disney Layoffs Expected Before Shareholder Meeting on April 3rd
First Round of Disney Layoffs Expected Before Shareholder Meeting on April 3rd It is being reported that the first round of Disney Layoffs is expected to happen just before the Shareholder meeting on April 3rd according to Deadline. Bob Iger is aiming to cut around $5.5 Billion with these layoffs.
Bob Iger Tells Disney Management To Identify Layoff Candidates Aims to Cut $5.5 Billion
Bob Iger Tells Disney Management To Identify Layoff Candidates Aims to Cut $5.5 Billion Reports online indicate that management for the Walt Disney Company are being directed to identify layoff candidates as CEO Bob Iger aims to cut $5.5 Billion in Spending. It is uncertain if Disney will begin layoffs
Disney World will be laying off more Cast Members this March
In October 2020, Disney announced it would be laying off 28,000 employees across the company. A month later, they said that more employees will be let go in early 2021. Now we’re learning that some of these layoffs will he taking place in March. The company recently sent notice to the
Disneyland Reports More Layoffs Due to COVID-19
COVID-19 has left many businesses closed and many people without jobs. Disney has not gone unaffected by the pandemic. In September Disney announced 28,000 layoffs across the company. That number recently increased to 32,000. We now know that more layoffs are coming from the Disneyland Resort. The Orange County Register
Disney to lay off an additional 4000 workers by March 21st
Earlier this fall Disney announced it would be laying off 28,000 employees across the company. It was announced Wednesday that 4,000 more employees will be let go. Disney filed a 10-K with the government saying it plans to terminate 32,000 employees during the first half of the 2021 fiscal year.
Nearly 10,000 Cast Members will be laid off from Disneyland
Disney has announced that 28,000 employees will be laid off across the company. Around 10,000 of those layoffs will come from Disneyland. The parks and hotels at the Disneyland Resort have been closed since March with no sign of reopening any time soon. California recently released strict theme park reopening
