According to the deadline report, the Walt Disney Company has a large -scale pruning, affecting hundreds of employees of the Disney Entertainment Divisions, including marketing for film and television units.
Apart from these divisions, the trimming will also affect television promotion, casting, development and employees of Disney corporate financial operating divisions.
Deadline, citing sources, said that the size of the cut on Disney Entertainment’s film and TV side is comparable. Most employees of Disney Entertainment Television are said to be located in Los Angeles.
According to the outlet, in the last ten months this is the fourth and largest phase of trimming, which has affected various Disney television operations.
They are part of the ongoing cost cut process in traditional media companies, as they are giving new shape to their business to focus on streaming while facing economic challenges.
On its return as CEO, Disney’s Bob Igar has targeted the cost of at least 7.5 billion USD in the cost of 2023, which will end around 7,000 jobs that year.
According to the deadline report, earlier this year, in March, around 200 Disney employees were fired, which was about 6% of the total employees of ABC News Group and Disney’s entertainment networks, including freeforms and FX.
Earlier, in October there was a major reorganization at the Walt Disney Company, including the shutdown.
According to the deadline report, earlier in October there was a major reorganization at the Walt Disney Company, in which the ABC Signature was closed, its operation was included in the 20th television and the scripted drama and comedy teams of ABC and Hulu Originals were integrated.
As a result, about 30 Disney Entertainment Television employees were trimmed. According to the Autlet, the lower level development officers including the manager of drama programming in ABC Hulu have also been affected.