{"id":107215,"date":"2024-09-26T12:26:47","date_gmt":"2024-09-26T05:26:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=107215"},"modified":"2024-09-26T12:26:47","modified_gmt":"2024-09-26T05:26:47","slug":"disney-lays-off-several-hundred-corporate-level-employees","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=107215","title":{"rendered":"Disney Lays Off Several Hundred Corporate-Level Employees"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n\t\t\t\t\t\t<!-- do not apply CSS styles to this element! --><\/p>\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<a href=\"https:\/\/variety.com\/t\/disney\/\" id=\"auto-tag_disney\" data-tag=\"disney\">Disney<\/a> has axed about 300 employees across multiple corporate departments, as the Mouse House continues to look at \u201congoing\u201d ways to trim costs.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cWe continually evaluate ways to invest in our businesses and more effectively manage our resources and costs to fuel the state-of-the-art creativity and innovation that consumers value and expect from Disney,\u201d a company rep said in a statement to <em>Variety<\/em>. \u201cAs part of this ongoing optimization work, we have been reviewing the cost structure for our corporate-level functions and have determined there are ways for them to operate more efficiently.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe round of Disney layoffs affected human resources, legal, finance and other departments in the U.S. The latest cuts come after <a href=\"https:\/\/variety.com\/2024\/tv\/news\/disney-layoffs-television-1236091773\/\">Disney in July let go about 140 employees in its television division<\/a>, representing about 3% of its workforce. In May, <a href=\"https:\/\/variety.com\/2024\/film\/news\/pixar-layoffs-175-staffers-cut-1236011766\/\">Pixar laid off 175 workers<\/a>, approximately 14% of its headcount.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe cuts are a far cry from the mass layoffs Disney conducted in 2023 after Bob Iger returned as CEO \u2014 a <a href=\"https:\/\/variety.com\/2023\/tv\/news\/disney-layoffs-end-7000-1235629809\/\">companywide reduction in force that targeted the elimination of some 7,000 jobs<\/a>, about 3.2% of the media conglomerate\u2019s total global workforce.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tLast month, <a href=\"https:\/\/variety.com\/2024\/tv\/news\/disney-q3-2024-earnings-streaming-profit-inside-out-2-1236098290\/\">Disney projected an upbeat end to the 20224 fiscal year<\/a>, which concludes at the end of September: It raised the target for full-year adjusted earnings per share growth to 30%, up from 25% previously. For the June quarter, Disney beat Wall Street expectations on revenue and profit and the company reported its first-ever profitable quarter for the consolidated direct-to-consumer streaming business (which includes Disney+, Hulu and ESPN+). However, operating profit for Disney\u2019s domestic theme parks declined 6% in the period and the company warned that ongoing weak demand could hamper the segment\u2019s results for the next few quarters.\u00a0<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe layoffs this week in Disney\u2019s corporate divisions was first <a href=\"https:\/\/deadline.com\/2024\/09\/disney-layoffs-corporate-1236099769\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> by Deadline.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-datawrapper wp-block-embed-datawrapper\">\n<p>\n<iframe title=\"Major Media &amp; Tech Layoff Announcements\" aria-label=\"Table\" id=\"datawrapper-chart-e2mUM\" src=\"https:\/\/datawrapper.dwcdn.net\/e2mUM\/113\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"946\" data-external=\"1\"><\/iframe>\n<\/p>\n<\/figure>\n<\/div><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/variety.com\/2024\/biz\/news\/disney-layoffs-corporate-level-employees-1236156212\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disney has axed about 300 employees across multiple corporate departments, as the Mouse House continues to look at \u201congoing\u201d ways to trim costs. \u201cWe continually evaluate ways to invest in &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=107215\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-107215","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/107215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107215"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/107215\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}