"It was originally described as the “big one,” or even more pointedly, a straight-up “bloodbath.”
Either way, the lion’s share of layoffs at Disney are expected to begin Monday. From April 24-27, there will be Mouse House employees in film and TV losing their jobs every single day (except Friday), we hear. A rep for Disney declined comment.
To say that anxiety is high is an understatement. Just about everyone who works on Buena Vista Street in Burbank is on high alert, wondering whether their number is up."
If an axe falls in a forest and no one is around, does it make a sound? But this kind of axe falling is always heard and felt by employees and some who have 30+ years at Disney will feel it most intensely. If creativity needs a confident and positive environment to thrive, then things don't bode well for Disney's output in the coming year.
But it covers more than just Disney employees and will include "...Disney TV Studios, Hulu, Freeform and FX and the shutdown of the studio operations’ Creative Acquisitions department."
What will this mean for Disney's future global reach? Have the Execs shot themselves in the foot, by overreaching on the acquisitions front? Thoughts please...
https://deadline.com/2023/04/disney-layoffs-coming-tv-film-departments-1...
1 person likes this
I have to admit, I'm seriously stumped as to why a company, who is making $$$ had over fist, feels the need to lay people off. And, yes, I've taken into consideration the impending strike, but don't the studios believe that they will bonce back from a slight setback? I do! I love this industry - I love creating beguiling works of art, but sometimes I don't see the intelligence at the top.
1 person likes this
Gina Roland I’m always surprised by the myopia of those at the top and how they think that doing the same thing over and over again, will bring different results. Destroying the corporate memory is such a bad move and doesn’t bode well for the future. IMHO