According to a report from Variety, The Walt Disney Company is beginning its second wave of layoffs this week, with a total of 4,000 jobs cut by this Thursday. Disney is targeting a reduction of 7,000 jobs this year, with the final wave expected to hit before summer.
Disney CEO Bob Iger announced the layoffs back in February. It is expected that every division of the company will be impacted, but the Parks Division layoffs are not expected to impact hourly frontline workers.
Layoffs to Hit Disney Parks Division, but Not Hourly Frontline Cast Members
Disney Parks Chairman Josh D’Amaro said the layoffs announced by Disney CEO Bob Iger yesterday will impact the Disney Parks division
As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!