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Disney Layoffs of 1,000 Employees Are Underway; CEO Josh D’Amaro Says Cuts Will ‘Streamline’ Operations: ‘I Know This Is Hard’

Disney is making layoffs this week to “streamline our operations” in various parts of the company, CEO Josh D’Amaro said in a memo to employees Tuesday. The media company is eliminating about 1,000 roles, primarily as a result of Disney’s…

This article was originally published by Variety and is republished here under license.

Disney is making layoffs this week to “streamline our operations” in various parts of the company, CEO Josh D’Amaro said in a memo to employees Tuesday. The media company is eliminating about 1,000 roles, primarily as a result of Disney’s formation of a consolidated enterprise marketing division under the leadership of Asad Ayaz, chief marketing […]

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