Disney Layoffs Impacting Over a Thousand Workers, With Marvel Hit Hardest
This round of cuts by Marvel Entertainment and Marvel Studios affects approximately 8% of their workforce, primarily in the film, television, comics, finance, legal, and visual development departments, with the most significant impact on the visual development team, now transitioning to operate through external contractors only. Confirmed by Executive Chairman Josh D’Amaro, these layoffs are part of Disney’s efforts to trim expenses and streamline processes across its various branches, affecting about a thousand employees.