Disney’s newest and largest spherical of layoffs has begun


Disney Plus logo on a black and red background.
Illustration: Alex Castro / The Verge

“Hundreds” extra of Disney’s workers are being fired this week within the second of three rounds of company-wide layoffs meant to assist get the leisure big again on stable monetary footing.

Following CEO Bob Iger’s announcement again in March that Disney was in search of to put off some 7,000 of its workers, Reuters studies that the second spherical of firings started as we speak and is projected to proceed by way of Thursday earlier than selecting up once more later this 12 months. Whereas the frontline hourly employees at Disney’s parks and resorts aren’t anticipated to be affected by the layoffs, cuts are being made throughout a variety of the corporate’s company arms, like ESPN, Disney Leisure, the merchandise division, and Disney Parks’ company management.

“The senior…

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