The Walt Disney Company has been experiencing a very humbling year. Its stock price has fallen, theme park attendance still hasn’t quite reached pre-pandemic levels, the new movies aren’t performing at the box office, and the company has laid off over 7,000 employees (in addition to some of ESPN’s top on-air talent). RELATED: Disney to Lose $1 BILLION With Indiana Jones ...

Another round of layoffs rocks the media industry. This time, feeling more surprised than in previous layoffs. ESPN is now in the hot seat as 20 of their on-air talent get let go. While it was announced layoffs would happen in February, nearly 7,000 employees were let go from The Walt Disney Company. With the conclusion of these layoffs, ESPN ...

More change is coming Disney’s way! Disney has been in the spotlight twice in the last week, with two executives leaving The Walt Disney Company. These exits follow many layoffs including employees at both Disney and Pixar. News has now broken, that Netflix show creator Ryan Murphy will be joining the Disney team. When it comes to show favorites, Murphy ...

As of last Friday, May 26, 2023, The Walt Disney Company has officially completed its 7,000 layoffs. RELATED: Disney Stock Drops After Bad News The 7,000 Cast Members The Walt Disney Company’s decision to let go of 3.2% of its workforce was announced by CEO Bob Iger earlier this year. The layoffs were set to target the media and entertainment divisions ...

After several layoffs, The Walt Disney Company will again say goodbye to hundreds more of its Cast Members. RELATED: Disney’s $300 Million Tax Write-Off The Three Waves The initial wave of layoffs began on March 27 when Iger announced that there would be multiple rounds as the Walt Disney Company looked to let go about 7,000 employees. This was due to ...