Disney to eliminate 1,000 positions, chief executive announces job cuts in email to employees

Walt Disney new chief executive Josh D’Amaro announced layoffs in an email to employees on Tuesday, as he looks to streamline the company’s operations.

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, at ESPN, products and technology and certain corporate functions, according to a person familiar with the development.

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