Disney initiates its third round of layoffs during the tenure of CEO Josh D and Amaro
Businessinsider
1h ago
Ai Focus
Disney is laying off employees, and this is the third round of layoffs since Amaro took office in mid-March this year. People familiar with the matter say that hundreds of employees will be laid off this time, involving teams in technology and human resources, among others. Disney had previously carried out layoffs in mid-April and July.
Helpful
No.Help

Disney is laying off employees, and this is the third round of layoffs since Amaro took over in mid-March of this year.

An informed source confirmed to Business Insider that Disney is laying off hundreds of employees across various teams, involving departments such as technology and human resources. Deadline was the first to report on this round of layoffs on Tuesday.

In mid-April, Disney carried out a large-scale layoff, which was less than a month before Amaro took over from Bob Iger who had long held the position of CEO. At that time, the layoffs were accompanied by adjustments to Disney's marketing organization, but employees from other teams, including some from ESPN, were also affected.

In a memorandum in April, D' Amaro stated that these layoffs "are not a negation of their contributions, nor are they a negation of the company's overall strength."

Another round of layoffs occurred in July. As ESPN integrated the employees of NFL Network acquired earlier this year, ESPN was particularly hard hit.

Discharged Disney employees will receive severance pay based on their rank and length of service. Non-management staff who have worked at the company for less than 5 years will be entitled to 4 weeks' salary; those with more than 5 years of service will receive 1 week's salary for each year of service, with a maximum of 52 weeks.

Tip
$0
Like
0
Save
0
Views 15
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
CryptoQuant: Rising profit-taking pressure and cooling demand cause a temporary pause in Bitcoin's upward trend
Data analysis firm CryptoQuant indicates that the recent upward trend of Bitcoin may be slowing down, but this does not mean that the bull market has ended. The firm stated that short-term holders have realized a profit of about 33%, and the scale of profit-taking last week also reached a new high for 2026, indicating an increased risk of short-term pullbacks; however, as long as the key support levels are maintained, the retracement can still be considered a healthy consolidation within the young bull market.
Bitcoin Magazine
·2026-09-30 02:42:32
2
Jeeves Completes $110 Million Equity Financing to Expand Stablecoin Native Banking Platform to 35 Countries
Jeeves Announces $110 Million in Equity Financing and Launches Its Own Stablecoin Wallet, Enabling Instant Payments to 190 Countries. The company stated that its platform's annual total transaction volume has exceeded $5 billion, with the annual transaction volume related to stablecoins increasing from nearly zero to $1.5 billion within 8 months. Additionally, the stablecoin card business has been expanded from 25 countries to 35 countries.
PR Newswire
·2026-09-30 02:34:07
9
What's it like to fly with Iraqi Airways: an airline rarely used by Americans and banned by the EU
An American college student took a flight from Baghdad to Dubai with Iraqi Airways, stating that this journey revealed many unexpected aspects about the airline, which is rarely used by Americans and has been banned from flying by the European Union since 2015. These included a relatively new fleet of aircraft, hot meal services, and unique experiences at Baghdad Airport.
Businessinsider
·2026-09-30 02:34:06
10
BBC Secretary-General calls the AI generated version of "Doctor Who" "not bad"
BBC The new Director-General, Matt Brittin, stated that he recently watched a 50-minute generated episode of Doctor Who, calling it "not bad." He also emphasized that AI "will not replace humans." BBC had previously abandoned the use of generative AI to produce marketing materials for the show due to audience backlash.
Decrypt
·2026-09-30 02:21:42
15
H.I.G and Capital complete the acquisition of Torque
H.I.G. Capital indicates that its subsidiary has acquired the UK omnichannel fulfillment service provider Torque Holdings Limited. The transaction was completed in collaboration with the management team of Torque, who will continue to lead the company. Torque stated that it will leverage the support of H.I.G to expand services, production capacity, and international fulfillment capabilities.
PR Newswire
·2026-09-30 02:21:40
17
View More