Disney begins third round of expected layoffs, cutting more than 2500 additional jobs

United Kingdom News News

Disney begins third round of expected layoffs, cutting more than 2500 additional jobs
United Kingdom Latest News,United Kingdom Headlines
  • 📰 9NewsSyd
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

It is anticipated to be the last significant round of cuts. 9News

More than 2500 staff are expected to lose their

, the source said, in what is anticipated to be the last significant round of cuts that were previously announced by Disney CEO Bob Iger.READ MORE: A third wave of expected layoffs is underway at Disney, and employees impacted by the cuts are being notified this week.The first two waves of layoffs took place in March and April, eliminating roughly 4000 jobs, including at ESPN, Disney's entertainment division, Disney Parks, and its Experiences and Product division.

In February, Iger announced the media giant would axe roughly 7000 employees from its global workforce in three waves before the start of summer, an undertaking aimed at saving $5.5 billion in costs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

9NewsSyd /  🏆 23. in AU

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Little Mermaid review – Halle Bailey goes full mermaidcore in Disney’s CGI remakeThe Little Mermaid review – Halle Bailey goes full mermaidcore in Disney’s CGI remakeBailey is the best thing about this film but, despite a team crammed with talent, this live action reworking can’t match the magic of the 1989 classic
Read more »

‘Very substantial’: E. Jean Carroll seeks new damages from Trump after CNN appearanceTwo weeks after a US federal jury found Donald Trump liable for sexual abuse and defamation, his accuser E. Jean Carrol has sought additional damages in response to the former president’s ongoing insults made about her.
Read more »

Brawl forces local football match to be abandoned in MelbourneBrawl forces local football match to be abandoned in MelbourneA local football match has been abandoned after a brawl between spectators and players broke out in Melbourne's north-west. 9News
Read more »

Brawl forces local football match to be abandoned in MelbourneBrawl forces local football match to be abandoned in MelbourneA local football match has been abandoned after a brawl between dozens of spectators and players broke out. 9News
Read more »

The Little Mermaid’s Halle Bailey: ‘As a child, seeing a black Ariel would have changed my life’The Little Mermaid’s Halle Bailey: ‘As a child, seeing a black Ariel would have changed my life’From tween YouTube sensation, to pop star, to Beyoncé’s tour mate … now the actor and musician is about to star in the live-action remake of the Disney classic. She talks about overcoming self-doubt, her soulmate sister Chlöe, and a racist backlash
Read more »

E Jean Carroll seeks new damages after Trump called her a 'whack job' one day after civil trial verdictE Jean Carroll seeks new damages after Trump called her a 'whack job' one day after civil trial verdictWriter E Jean Carroll is seeking to amend the first of two defamation lawsuits against Donald Trump to demand at least $US10 million ($15 million) in additional damages, citing comments he made on CNN after a jury found him liable for sexually abusing her.
Read more »



Render Time: 2025-03-06 07:37:00