Disney to eliminate 1,000 jobs
Walt Disney ‘s new chief executive, Josh D’Amaro, announced layoffs in an email to employees on Tuesday, as he looks to streamline the company’s operations.
About 1,000 positions will be eliminated, according to a person familiar with the development.
The cuts will fall on the marketing group, which was reorganized in January, and other parts of the company, including its studio and television business, ESPN, products and technology and certain corporate functions, according to the source.
