- The woke corporation Disney has begun layoffs focused across television production and acquisitions as the company’s freefall in the marketplace continues.
- “Among the notable staffers let go Monday are Jayne Bieber, senior vp production at Freeform/Onyx Collective; Mark Levenstein, head of production and postproduction at Hulu; and Elizabeth Newman, head of Disney’s acquisitions department,” noted The Hollywood Reporter.
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Disney did not reveal the full extent of Monday’s layoffs or the exact impact it will have on day-to-day operations at the company. The TV side appears to be taking the hardest hit right with more layoffs slated for later this week.
- CEO Bob Iger already publicly said the company expects to layoff roughly 7,000 staffers to save roughly $5.5 billion on the eve of a recession.
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