As reported by Deadline , Disney is about to go through a massive round of layoffs with 7000 employees (around 3 percent of the company’s global workforce) being terminated beginning at the end of March. Cuts are expected to happen between Disney properties from its parks to its entertainment divisions: Insiders tell Deadline that multiple rounds of cuts are being prepared. The first one is being targeted for late March, likely next week, we hear. (March 30 or March 31 have been floated as possible dates, but that has not been confirmed.) According to sources, there will be a big wave in late April, described as “the big one” or a “bloodbath,” when a large portion of the cuts are expected to come. Information varies on a potential third round of layoffs . Some say it might come […]
Read the Whole Article From the Source: redstate.com
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