Deadline hears that those dismissed were given 60 days notice, however, they must work for a duration of their employment with a week of severance pay. In previous layoffs, those let go were not expected to work and still received pay when given... — read more
TV Animation, Disney+ Marketing, and more laid off today
As per Deadline: https://deadline.com/2023/04/disney-tv-layoffs-day-2-unscripted-marc-buhaj-alicia-martino-1235336554/
I don't like the direction the company is going
I'm very sorry for everyone who is affected, but maybe for some it will really be a blessing in disguise... Given the direction this company is going in, it's only possible to expect things to get worse here, right?
Are parks getting hit today?
I said this before and I'll say it again, I'm not sure why we need layoffs when we're understaffed as it is. This will not help, this can only make the customer experience worse. Whoever is making these decisions should trade jobs with me just for... — read more
Disney begins largest wave of layoffs, targeting thousands at ESPN, Parks, and other divisions
Disney is laying off several thousand workers across the company this week in the second and largest wave of cuts as part of the media giant’s previously announced plan to slash its workforce by 7,000 employees... — read more
The consequence of their bad decisions
I am still safe but the anxiety is huge. It's terrible what good people are going through because of bad leadership moves. Did these layoffs really have to happen?
What's happening?
Do we have any idea how many have been notified so far and which departments were hit? I hate having little to no information on something this important. If the leadership cared about us at all or respected us they would keep us informed, whether... — read more
Odd choices on whom to stick with and whom to push out
Perhaps I'm wrong, but for now it seems to me that a lot of hard working and dedicated people are being laid off, instead of the company getting rid of pretenders who do nothing all day long.
Good luck to everyone
May the odds be ever in your favor this week….it’s gonna be a rough one 😞
ESPN to begin layoffs early next week as part of Disney cost cuts, sources say
Cuts will include some on-air talent and management, said the people, who asked not to be named because the discussions are private. The number of layoffs at ESPN is unclear and the decision process is still... — read more
Buckle up!
Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, people familiar with the matter said. The cuts will span TV, film, theme parks and corporate positions, and affect every... — read more
The Media Industry Is Way Behind
This guy can’t believe that youtube is primarily consumed on televisions and that more people watch youtube than any of the washed up corporate media companies. Also, grumpy cat? Loool that cat has been literally dead longer than YouTube shorts have... — read more
ABC News layoffs
Are we done or can we expect even more in the following weeks?
Companies That Get ‘Woke’ Aren’t Going Broke — They’re More Profitable Than Ever
Disney The entertainment giant has come under fire time and again for supposed wokeness. They’ve been canceled for redesigning the theme park ride Splash Mountain to make it less racist, adding LGBTQ characters to their family films, and casting a... — read more
Divisive Disney Executive Claims Layoffs Were “Merely a Convenient Excuse” to Fire Him
Reportedly, Perlmutter was told that his division — Marvel Entertainment (a small division centered on consumer products and separate from Marvel Studios) was redundant and would be absorbed into other departments at... — read more
Finally some good news
I've said it before and I'll say it once again, we are severely understaffed at parks and we need more people. Without them, customer service is suffering. Hearing that Disney plans to hire 13,000 Cast Members is more than welcome and for once the... — read more
Disney EMEA Staff Bracing For Layoffs & Content Cuts
Multiple sources both inside and outside the Mouse House have told Deadline they are expecting redundancies and budget cuts to come shortly, and that these plans are currently being finalized... — read more
Do you see a different Disney in the near future besides the layoff aspect? If so, how so?
I see them selling breaking up and selling off pieces thus looking a lot different in the near future. Poor Walt is turning in his grave. bless him. The leaders sent a great company to the sh----r and it will be forever missed in its current... — read more
I like that it's not just us
I'm not trying to sound unfeeling, I don't wish layoffs on anybody, but if it has to be someone, then employees in China should lose their jobs rather than those of us in America. We'll take the brunt of it anyhow, so any kind of reprieve from the... — read more
Multiple high-ranking employees affected
I’m courious if things here will GET any better now that these several high-ranking employees have been cut during the first round ==> https://ktla.com/news/local-news/disney-lays-off-multiple-high-ranking-employees-during-first-wave-of-job-cuts/amp/ — read more
Beijing office canned
The whole Disney Beijing office was canned overnight - 100? streaming engineers, including the division that ran D+ ads.
Disney dismissed its whole metaverse division
The around 50-person next-generation storytelling and consumer experiences division was created under former CEO Bob Chapek, who once described the metaverse as “the next great storytelling frontier,” according to the Journal. All of the team’s... — read more
Disney Plus
There was talk that many of the laid-off employees will be from streaming, but I'm yet to hear of any major losses at Disney Plus. Are they leaving those employees for last or have the potential numbers been overblown? I'm a cast member and I was... — read more
Is TWDC a FTX creditor?
Yes or no?
Union Time!
We need to form a union!
Buckle up!
Disney will begin informing employees this week that they're being laid off. This will be the first of three rounds of cuts that will amount to 7,000 job losses. Disney is cutting costs after its valuation plummeted last... — read more
Disney Layoff Rounds Likely Starting Before Annual Meeting; Details On Cuts Emerge
https://deadline.com/2023/03/disney-layoffs-coming-annual-shareholder-meeting-bob-iger-1235303513/
Upcoming Layoffs
It is important to note that Disney 2023+ is first and foremost DEI-based with regards to Human Resources. It is the new core, the new foundation of this department, and the whole company. DEI is the umbrella that everything else falls under. Ms... — read more
Finally!
We'll know who's getting laid off by April. At least I hope I understood that correctly. There is no reason to tell employees there'll be layoffs and then leave them guessing and stressing for months after that. I am not looking forward to layoffs... — read more
What’s the future of Hulu?
Selling off Hulu, ESPN or both would slim Disney down, placing a sharper focus on its family-friendly superbrands such as Marvel and Star Wars. ————————— Source: https://www.ft.com/content/962ded50-5ffa-4e02-8eaf-1d77e44b4d31
Disney Announces New HR Chief as Company Prepares For Massive Layoffs
The Walt Disney Company has announced a new Human Resources Director as the company prepares to lay off as many as 7,000 Cast Members and cut up to $5.5 billion in... — read more
Have layoffs started?
I know contractors and PH were cut. What other sectors or business segments are going to be impacted and when?
DEI is DOA
This is a major problem for Disney because Iger's state approach is to mitigate risk and leverage existing IP by race- or gender-swapping existing characters. Peter Pan and Wendy is likely to be another bo-b, so there is going to have to be a... — read more
It's been a rough year for the Mouse
Woke Disney’s year of enduring box office bo--s, subscriber losses and layoffs It's been a rough year for the Mouse https://www.foxnews.com/media/woke-disneys-year-enduring-box-office-bo--s-subscriber-losses-layoffs
Can anybody share what areas were hit so far?
From what I understand, this round of layoffs is phased. It would be nice to know what was hit so far to have some idea of where we are currently in the bigger picture. I wish there was more transparency about the process but that's too much to... — read more
layoffs = dreams come true for investors
The company recently announced that it was laying off 7,000 workers to cut operating costs, pulling the rug out from under thousands of employees who had dedicated themselves to their work at Disney. The layoffs were praised by the business... — read more
Why is no one speaking about the layoffs going on?
People have already been let go, and some are being told their last day is coming up. Why is social media so quiet about it? Why are those let go not speaking up about it? Are they being told not to say anything to avoid negative publicity?