Disney's Workforce Reshuffling: 1,000 Jobs on the Chopping Block
Disney's new CEO, Josh D'Amaro, is overseeing a major workforce restructuring, including the elimination of up to 1,000 positions in the coming weeks.
Disney, the entertainment giant, is preparing to make significant layoffs in one of the first major moves under its new chief executive officer, Josh D'Amaro. The company is planning to eliminate as many as 1,000 positions in the coming weeks as it streamlines its operations and adapts to the changing media landscape.
The layoffs are part of a broader effort by Disney to optimize its workforce and align its resources with the company's strategic priorities. The entertainment industry has faced numerous challenges in recent years, including the rise of streaming services, the impact of the COVID-19 pandemic, and the need to adapt to shifting consumer preferences.
{{IMAGE_PLACEHOLDER}}Source: The Wall Street Journal
