News Bob Iger outlines the need to transform the Walt Disney Company resulting in 7000 job losses and $5.5 billion in cost savings

Slpy3270

Slpy3270

Well-Known Member
Disney getting out of first-run syndication (at least outside talk and news) was on the wall when the daytime version of Who Wants to be a Millionaire? ended.
 
Disstevefan1

Disstevefan1

Well-Known Member
Fixed it -
7KLaidOff.jpg
 
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Disorbust

Well-Known Member
Yeah the "little " people are never the headline. Merch also lost people in the first round including ones with 20 years with WDW. If you read through the LinkedIn posted it's heartbreaking.
 
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Elijah Abrams

Well-Known Member
In the Parks
Yes
I would imagine, and I know there would be those who would disagree with me, that as part of this cost-cutting/layoff spree, Disney decides to sell off 20th Century Studios and 20th Television (which would start by Disney splitting their film and TV production units in half, with the 20th side being separated). Again, it’s only a belief. It depends on what will finally happen to Hulu, especially in all this mess right now. I would disagree with Disney keeping 20th just for content licensing, if they changed their mind on Hulu, because that would make the licensee (say, Netflix or Amazon) have to feed money to a "greedy hog" like Disney just for licensing. (I want 20th Century Fox 3.0.)
 
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GimpYancIent

Well-Known Member
doctornick said:
I think the point is that numerous well paid executives are part of these cuts, so the idea that only lower level folks would be impacted and higher ups would be protected doesn't seem valid.
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Never said or insinuated any such thing, merely the upper level would be last to feel the pain. Numerous? Not really unless you are thinking is really small numbers.
 
MisterPenguin

MisterPenguin

President of Animal Kingdom
Premium Member
deadline.com

ESPN Drawn Into Disney Layoffs, Though Most Talent Decisions Coming Later This Year; Streaming Chief Russell Wolff, 43-Year Publicity Vet Mike Soltys Among Dozens Exiting

Disney’s widespread layoffs are not going quite as deep at ESPN as in other parts of the empire, but the roster of those departing does include at least one high-ranking exec: Russell Wolff, …
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deadline.com

Hulu Expands Duties For EVP Marketing Barrie Gruner; SVP Scott Donaton To Leave Streamer

Hulu has expanded the duties for Barrie Gruner, the Executive Vice President of Marketing. She will assume oversight of brand marketing, while continuing to shepherd content marketing. Gruner first…
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Nubs70

Nubs70

Well-Known Member
Riviera Rita

Riviera Rita

Well-Known Member
Disorbust said:
Yeah the "little " people are never the headline. Merch also lost people in the first round including ones with 20 years with WDW. If you read through the LinkedIn posted it's heartbreaking.
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They should get rid of the new CMs they hired after the pandemic instead of anyone with 20 years experience. I've never seen such a poor bunch of magic free individuals as I saw on my last trip.
 
Apple Core

Apple Core

Member
Manager-level folks in the Team Disney Orlando building being impacted. That location houses groups like finance, communications, workforce planning, etc.
 
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Lilofan

Well-Known Member
Apple Core said:
Manager-level folks in the Team Disney Orlando building being impacted. That location houses groups like finance, communications, workforce planning, etc.
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Apple Core said:
If I decide to leave my much-loved professional job at Disney, where I'm highly conscientious and much more productive working remotely, over Iger's blanket edict, can I come work at your company?
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Is your job and your team still safe for now?
 

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