WBD investors scrutinize Zaslav’s paycheck; Disney does more layoffs

As part of entertainment industry bloodletting, Disney lays off hundreds in latest round of job cuts—despite increased revenue

Since Robert Iger returned as CEO in 2023, Disney has carried out thousands of job cuts, with over 8,000 employees let go in his first year back in charge.

WBD investors scrutinize Zaslav’s paycheck; Disney does more layoffs

As WBD shareholders steadily lose value, they turn up the heat on boss David Zaslav. Plus, Disney deploys their latest round of layoffs.

Disney Layoffs Shake TV and Film Teams

Disney has cut many jobs across its television film and corporate teams. The company wants to work more efficiently. It has targeted roles in marketing casting development and finance. The cuts do not remove entire teams. Instead the company trims specific roles for greater agility in a fast-changing market. What Happened at Disney Disney recently started another round of job cuts. The company is letting go of hundreds of employees around the wo…

Disney Cuts Costs With Hundreds More Layoffs

Disney has revealed plans to lay off several hundred employees worldwide, affecting teams in its film, television, and finance departments. The entertainment giant faces ongoing challenges as viewers increasingly turn away from traditional cable TV subscriptions in favor of streaming services. A spokesperson told the BBC, “As our industry transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses while fueling …