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International Business Times UK
International Business Times UK
Business
Clarizza Potoy

Disney Layoffs: 1,000 Jobs Cut After New CEO Takes Over — Here's Why

Disney layoffs are back in focus at Walt Disney Co. this week, with The Wall Street Journal reporting that the entertainment giant plans to cut about 1,000 jobs in the coming months, only weeks after Josh D'Amaro took over as chief executive in March. The reported reductions would affect a relatively small share of Disney's 231,000-strong workforce, but the timing is awkwardly familiar, with marketing expected to take the hardest hit under the company's new leadership.

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