Bracing For The Bloodbath: Disney Layoffs To Resume Monday
deadline.comIt was originally described as the “big one,” or even more pointedly, a straight-up “bloodbath.” Either way, the lion’s share of layoffs at Disney are expected to begin Monday.
From April 24-27, there will be Mouse House employees in film and TV losing their jobs every single day (except Friday), we hear.
A rep for Disney declined comment. To say that anxiety is high is an understatement. Just about everyone who works on Buena Vista Street in Burbank is on high alert, wondering whether their number is up. “There is a sense of foreboding that the cuts are going to be wide, large-scale and very meaningful,” an industry source said, noting how low company morale is right now amid persistent rumors that at least one person from each department would have to go.
The sweeping layoffs are among the first major moves for Bob Iger since his surprise return as Disney CEO in late November. “It sucks, to be honest,” a longtime film exec at the company said. “Iger coming back got everyone’s hopes up for investment in people as well as creativity.
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