Disney plans to layoff as many as 1,000 employees

Disney is planning to lay off as many as a thousand employees in the coming weeks. That's according to a source close to the situation. Many of these job eliminations will be in marketing after the company consolidated its marketing across entertainment, experiences, and sports under a new CMO, Assad Aayaz, for the first time.That happened back in January. My understanding is that these layoffs have been in the works since then. The company is also in the process of combining Disney Plus and Hulu, both the ...