Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report

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The Walt Disney Co. is reportedly planning to lay off at least 4,000 current employees in April after CEO Bob Iger announced a plan to cut 7,000 jobs as a cost-saving measure.

Disney managers were given an April deadline to propose budget cuts and make a list of employees to be laid off as CEO Bob Iger seeks to save billions of dollars by restructuring and cutting content from Disney+, ESPN, and Hulu.

Disney managers were given an April deadline to propose budget cuts and make a list of employees to be laid off as CEO Bob Iger seeks to save billions of dollars by restructuring and cutting content from Disney+, ESPN, and Hulu

 

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Go woke go broke..

Maybe if they wouldn’t charge an arm and a leg more people would come!

Their biggest focus should be cutting customer wait times versus employees. Overpriced and not worth it.

Go woke…

Disney makes billions. That’s ridiculous.

I can guess that internal memo. Turn in your non woke workers, time to purge wrong think from our progressive future. Who doesn't belong, turn them in. Thanks, the diverse Disney company.

Park prices going up, staff going down…. Come on Disney, aren’t you better than that?

Go woke go broke. Stock down 40% and movies that are bombing left and right. Walt would be ashamed of what company has become.

Bob Iger is considered the best CEO in media. Everyone praises him. Oprah wanted him to run for president. But now he wants to chop the payroll. Is he still the best CEO or the fan base will justify his move? EmployeeEngagement

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