business / news / / The Economic Times
Walt Disney is set to lay off as many as 1,000 employees in the coming weeks.
Disney will lay off up to 1,000 employees, mainly from its marketing department.
KEY POINTS
- The layoffs are part of Project Imagine, aimed at streamlining marketing operations and reducing expenses.
- Plans for these job cuts began before Josh D'Amaro became CEO in March.
- New CMO Asad Ayaz is uniting Disney's marketing group under a newly created organization.
COMPANIES
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