Disney Layoffs of 1,000 Employees Are Underway; CEO Josh D’Amaro Says ‘I Know This Is Hard’

Disney Layoffs of 1,000 Employees Are Underway; CEO Josh D’Amaro Says ‘I Know This Is Hard’

Disney is making layoffs this week to “streamline our operations” in numerous components of the corporate, CEO Josh D’Amaro stated in a memo to workers Tuesday. The media firm is eliminating about 1,000 roles, primarily because of this of Disney’s formation of a consolidated enterprise marketing division under the leadership of Asad Ayaz, chief advertising…

Read More