Tag: Disney layoffs

The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018.(Lucy Nicholson/Reuters)
Posted in Business

“Times are tough”: Laid off Disney employee who worked there for five years writes emotional post

A former Disney employee, affected by the company’s recent round of layoffs, took to LinkedIn to voice out her situation. The entrance to Walt Disney…

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ESPN President Jimmy Pitaro said in a company memo sent to employees that those affected will hear from their supervisor and someone from human relations this week.(AP photo)
Posted in Business

ESPN begins layoffs amid Disney’s plan to cut 7,000 jobs: Report

ESPN began informing employees of layoffs Monday, which are job cuts that are taking place throughout its corporate owner, the Walt Disney Company. ESPN President…

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The logo of the Times Square Disney store is seen in Times Square, New York City, US. (File image)(REUTERS)
Posted in Business

Marvel chief Ike Perlmutter part of 7,000 expected job cuts at Disney

Walt Disney Co. terminated the employment of Ike Perlmutter, the chairman of its Marvel Entertainment unit, as part of a broader cost-cutting effort. The logo…

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The logo of the Times Square Disney store is seen in Times Square, New York City, US. (File image)(REUTERS)
Posted in Business

‘Several thousands’ to lose job at Disney in April: CEO Bob Iger

Entertainment giant Disney, which announced in February it will lay off as many as 7,000 employees, will do so in three rounds, according to an…

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Disney technology head quits days after company announced 7,000 job cuts: Report
Posted in Business

Disney technology head quits days after company announced 7,000 job cuts: Report

Jeremy Doig, chief technology officer of Walt Disney Co.’s streaming services, has left the company, according to an internal note seen by Bloomberg, the latest…

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Disney lays off 7,000 employees as streaming subscribers decline
Posted in Business

Disney lays off 7,000 employees as streaming subscribers decline

Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger’s first major decision since he was asked back to lead…

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