Disney hit with new round of layoffs after deep cuts in April and July

Per a new report, CEO Josh D'Amaro's belt-tightening spree continued on Tuesday.

Disney hit with new round of layoffs after deep cuts in April and July

Disney CEO Josh D’Amaro continues to tighten his belt at the ol’ House Of Mouse, though certain divisions are feeling the squeeze more than others in this latest round of layoffs. Per a Tuesday report from Deadline, a “couple of hundred employees” in Disney’s tech and human resources sectors will be given their walking papers following the conclusion of a “voluntary early retirement” process that gently nudged out employees who had reached or exceeded 50 years of age after at least 10 years with the company. This process is considered a “precursor to involuntary staff reductions,” Deadline noted, and came amid internal fears of further layoffs, with phrases like “hard choices,” “staffing investments,” and “transformation process” flying around, which are certainly things you never want to hear while working at the corporate level. 

Deadline also notes that Walt Disney Studios and Disney Entertainment Television have not been affected by this slate of layoffs, though the latter is expected to “undergo a major restructuring” under its new chair, Debra OConnell. D’Amaro’s latest axing spree, which comes after April’s substantial worker cuts that affected Marvel Comics and July’s round of pink slips that trimmed employee numbers at Pixar and National Geographic, is, Deadline says, nothing compared to what D’Amaro’s predecessor, Bob Iger, got up to in 2022, when he celebrated his return as CEO with a gobsmacking number of firings. “They are a fraction of the size of the Disney cuts overseen by Iger soon after he rejoined the company,” Dade Hayes and Nellie Andreeva wrote. “Between 2023 and 2025, some 8,000 workers were let go, helping the company achieve cost savings of $7.5 billion. The savings figure came in far higher than Disney’s initial forecasts.” Well, since you put it that way!

 
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