At the time, he indicated that it would cover about 7,000 jobs, which would be added to his policy of cuts that he plans to reach about 15% of entertainment personnel and 3.2% of the company’s total.
The entertainment giant The Walt Disney Company it will continue with the massive layoffs it had announced in February. At the time he pointed out that would cover nearly 7,000 jobswhich would be added to his policy of cuts that he plans to reach close to 15% of the entertainment staff and 3.2% of the company’s total.
All divisions of the company will be affected by the cuts. As reported by Bloomberg, the cuts will particularly affect the divisions of television, cinema, theme parks and corporate areas.
Bloomberg may also have learned that the dismissal letters will begin to arrive from next April 24.
In March Disney announced that it would carry out an adjustment of its staff in close to 7,000 jobs. The company has 22,000 workers and the decision responds to the company’s overall strategy to reduce costs by more than $5.5 billion.
As the focus of the Broadcast industry geared towards operating online video platformsmajor players like NBC Universal, Warner Bros and Paramount Global have also reduced their number of employees.
In November, the current CEO of Disney, Bob Igerreturned to run the company after a quarterly loss of $1.47 billion in the company’s streaming business that resulted in the removal of another Bob from Disney: Bob Chapek. With his arrival, investors were enthusiastic as they considered him apt to “steady the ship”.
Before the market opened, Disney shares were up 0.6%.
Source: Ambito
