Marvel Makes Small Round Of Layoffs
deadline.comEXCLUSIVE: We understand that Marvel underwent a handful of layoffs Monday, with 15 employees impacted across Marvel Entertainment in New York and Marvel Studios in Burbank.
Those let go include junior employees in production and development at Marvel Studios. These cuts are due to Marvel reassessing and reducing their slate.
Duly note, Marvel Studios only has one feature release this year, Deadpool & Wolverine, which is coming out July 26. I hear there aren’t additional cuts expected.
Some of today’s cuts, particularly in New York, stem from the efficiencies gained by Marvel when they integrated the Marvel Entertainment team into Marvel Studios and other Disney departments following the March 2023 exit of former Marvel exec Ike Perlmutter, who previously oversaw consumer products, comic book publishing (which reaps some $40 million-$60 million annually), game licensing and arena shows.
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