EXCLUSIVE: As Disney cuts 4K staffers across the conglomerate in a goal to reach $5.5 billion in savings, Deadline has learned that on the feature side, those being laid off were largely comprised of mid-level and coordinator staffers.
Among those departments hit were Searchlight, as well as general Disney marketing, PR, distribution, legal, and the 20th and Disney story departments.
Those wiping their brows, and ducking the ax include many prolific executives. While those being effected were everyone from two-decade vets to frosh staffers, one insider tells Deadline that it wasn’t a bloodbath akin to when Disney absorbed 20th Century Fox.
In the story department, eight employees were cut, some who came over from 20th Century Fox. Employees were given notice today in meetings with HR and department heads.
Read more on deadline.com
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