This marks the fourth and largest staff reduction at the media conglomerate in the last year
Disney will lay off several hundred employees globally, with the cuts expected to impact a limited number of positions in marketing for both film and television, publicity, casting, development and corporate financial operations.
The move, which is part of the entertainment giant’s ongoing efforts to cut costs, will not result in the elimination of entire teams, an individual familiar with the matter tells TheWrap.
The latest round of layoffs marks the fourth and largest impacting Disney’s TV operations, following nearly 200 jobs, or roughly 6% of ABC News Group and Disney Entertainment Networks’ staff, in March, 75 staffers across ABC News and its owned stations in October and 140 Disney Entertainment Television staffers last July.
