The disaster at the Walt Disney Company is getting worse, with new layoffs expected to affect hundreds of employees this week.
An estimated 300 people will be affected by the layoffs, which began Tuesday and will continue through at least Thursday, according to Deadline. report. Separate documents said all affected employees were in the United States, and multiple departments were affected, including legal, human resources, finance and communications. report From The Wrap.
The layoffs are the latest round of layoffs for Disney, which has been working to rebuild its operations amid continued code cuts and pessimistic consumer sentiment due to record inflation under the Biden-Harris administration. becomes.
Last year, Disney cut a whopping 7,000 jobs around the world, and CEO Bob Iger promised an additional $2 billion in cost savings.
Disney recently took its ax to several television programs, including ABC News, which aired fraudulent presidential debates. fauci Documentary channel Nat Geo. ABC News' evening show suffered a drop in ratings after viewers made their feelings known about the network's stance on former President Donald Trump after the debate.
A company spokesperson said this week that the recent job cuts are the result of the company's efforts to run “enterprise-level functions” more efficiently.
“To foster the cutting-edge creativity and innovation that consumers value and expect from Disney, we invest in our business and continually evaluate ways to more effectively manage our resources and costs. ,” a spokesperson said in a statement sent to multiple companies. Outlet.
“As part of our ongoing optimization efforts, we are reviewing the cost structure of our enterprise-level functions and have determined that there are ways to operate more efficiently.”
Disney has also been dealing with continued consumer backlash over its embrace of woke identity politics and promotion of transgenderism, particularly in children's entertainment.
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