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Disney Cuts Hundreds Of Jobs Under New CEO Josh D'Amaro In Third Wave Of Layoffs Since Taking Office

Disney
International Business Times Fews App News Provider
Fews App Post Time 8h ago

The majority of the latest cuts are affecting employees in human resources and technology, according to a person familiar with the matter who was not authorized to discuss the reductions publicly. Mario Tama/Getty Images Disney is cutting around 300 jobs in its latest round of layoffs under new CEO Josh D'Amaro, extending a companywide cost-reduction drive as the entertainment giant restructures operations and looks for more money to invest in growth. The majority of the latest cuts are affecting employees in human resources and technology, a person familiar with the matter who was not authorized to discuss the reductions publicly told CNBC.

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