Disney’s Endless Layoffs: What’s D’Amaro’s Plan?
Last month, when asked about Disney’s seemingly endless rounds of layoffs, Dana Walden called it an “exaggeration” to suggest the company was cutting jobs every six months.
Technically, she’s right. It’s happening a lot more often than that.
Disney has already gone through five rounds of layoffs this year. And now an even bigger bloodletting may be coming, with some departments reportedly being asked to cut costs by as much as 20 percent — even as the company’s financial results look pretty good.
So what exactly is new CEO Josh D’Amaro‘s plan? And who survives it?
Elaine Low, Sean McNulty and…
The skinny
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