Home / Business and Economy / Disney Faces Third Layoff Round Under New Leadership
Disney Faces Third Layoff Round Under New Leadership
8 Oct
Summary
- Disney implements third round of layoffs under Josh D'Amaro's leadership.
- Former CEOs Bob Chapek and Bob Iger's tenure impacts current decisions.
- Cost-cutting measures are a focus despite recent leadership changes.
Walt Disney Co. has initiated its third round of layoffs since Josh D'Amaro took charge of the company. This series of workforce reductions is occurring under D'Amaro's leadership, which began in March.
The current cost-cutting efforts are drawing considerable attention. This is despite the fact that former CEOs Bob Chapek and Bob Iger are no longer leading the company. Their past tenures appear to cast a shadow over the ongoing financial adjustments.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
