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It is reported that Disney launched its second round of layoffs today, affecting about 4000 people.

via:新浪科技     time:2023/4/25 12:00:27     readed:188

According to reports, people familiar with the matter said today that the Disney Company will start a second round of layoffs today, affecting about 4000 people.

In February, Disney announced that it would cut 7000 jobs to help the company save $5.5 billion in costs. There are three rounds of layoffs, the first of which was launched at the end of last month. The second round will be held in April and will involve more people than the first round. The third round of layoffs is expected to be completed in late spring and early summer.

Disney is scheduled to launch a second round of layoffs today, with "thousands" cut from Monday to Thursday, according to people familiar with the matter. With the latest round of layoffs, the company will cut 4000 jobs, according to Disney officials.

The layoffs will affect almost all business units, including Disney Entertainment and ESPN, as well as Disneyland, Disney Parks and Experiences and Products, but front-line hourly workers at the theme park resort (Parks and resorts) will not be affected, according to people familiar with the matter.

In November, Disney reported results for the fourth quarter ended Oct. 1. Disney shares fell more than 13 per cent due to dismal results, the biggest one-day drop since September 17, 2001. Two weeks later, Disney's predecessor, CEO Bob Iger, returned as CEO.

In November, Disney reported results for the fourth quarter ended Oct. 1. Disney shares fell more than 13 per cent due to dismal results, the biggest one-day drop since September 17, 2001. Two weeks later, Disney's predecessor, CEO Bob Iger, returned as CEO.

As of October 1, 2022, Disney employs about 220000 people worldwide, including about 166000 in the United States and nearly 54000 in overseas markets.

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