Posted on 06/26/2025 8:20:42 AM PDT by Red Badger
Entertainment giant Disney is continuing its campaign of employee layoffs with its latest round of cuts hitting its product and technology division.
While Disney insists that the P&T division is critical to its future success, the layoffs nonetheless cut an additional two percent of the company’s workforce, The Wrap reported.
This latest round of cost cutting is just one of a long series of cuts lasting several years. Indeed, it isn’t even the first round of layoffs this month.
Early this month the company pushed out several hundred workers from its marketing for both film and television, television publicity, and its casting and development departments.
It was the fourth round of layoffs in the last ten months and came about a month after 200 employees were eliminated in March.
The layoffs in March hit Disney’s ABC News Group and Disney Entertainment Networks unit. That round of layoffs even included the elimination of its once popular “538” website.
(Excerpt) Read more at breitbart.com ...
What impact does this foretell for Pixar?
Apple might but it back................
Never from the top, the ones who make the horrendous decisions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.