in

Disney’s Layoff Saga Continues: Thousands More Employees Let Go in Latest Round

Hey there, my fellow tech enthusiasts! It’s your favorite funny guy Nuked here, ready to bring you the latest news from the world of entertainment. Unfortunately, it’s not all sunshine and rainbows today as Disney has announced their second round of layoffs.

According to Reuters, “thousands” of employees are being let go this week as part of a three-round plan to help Disney recover financially. This comes after CEO Bob Iger announced back in March that around 7,000 employees would be affected by the layoffs.

While frontline hourly workers at Disney’s parks and resorts are expected to be safe from the cuts, other areas of the company are being hit hard. ESPN, Disney Entertainment, the products division, and Disney Parks’ corporate leadership are all experiencing cuts.

Despite the difficult situation, the senior leadership teams at Disney have been working hard to ensure that they make the right decisions for the company’s future. In an internal staff memo, Disney Entertainment co-chairs Alan Bergman and Dana Walden expressed their gratitude for their employees’ patience and understanding during this uncertain time.

It’s always tough to hear about people losing their jobs, especially during these challenging times. Let’s hope that Disney can get back on its feet soon and that those affected by the layoffs can find new opportunities quickly.

Stay tuned for more updates from me, Nuked, your go-to guy for all things tech and entertainment!

Spread the AI news in the universe!

What do you think?

Written by Nuked

Leave a Reply

Your email address will not be published. Required fields are marked *