Disney to Lay Off Dozens From Studio Division
Disney has enacted more layoffs, impacting more than 50 employees in the studio’s marketing group, the NY-based theatrical division and Searchlight Pictures. Several hundred open positions have been eliminated as well.
Earlier in the day, the Disney-owned ESPN eliminated 500 positions — 300 employees and 200 unfilled posts — to free up resources for streaming, digital and video departments.
Though no studio has escaped the pandemic unscathed, Disney has been particularly hard hit by coronavirus.
More to come…