Layoffs Hit Disney+, Walt Disney Studios Marketing Teams (Exclusive)
thewrap.comwe exclusively reported that Trevor Kelley, an executive at Disney+, was also let go as part of the layoffs. Statistical guru Nate Silver will also be leaving ABC.More meetings are being held throughout the afternoon at various Disney business units; one source said that layoffs have been happening every 30 minutes today.
Disney Branded Television have also felt the effects of the layoffs today.Today’s activity shows just how cross-sectional these layoffs really are.
Bettes, Poston and Dane were all former 20th Century Fox employees who were imported to Disney following the massive, $71.3 billion sale of Fox that began in 2017 and was completed in 2019. (Dane has a giant poster of Bill Pullman’s character from “Independence Day” that takes up almost one entire wall in his office; it was a prop from the sequel “Independence Day: Resurgence.”) Ironically, that heavy debt load from the acquisition is partially to blame for the massive belt-tightening and pruning that is going on around the company, with the other major factor the expenses associated with the launch and continued programming of Disney+.
For her part, Benson came over from FX, also now a part of the Disney family following the Fox acquisition.The coming days will be filled with even more layoffs and we will keep reporting on this difficult time..
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