US EditionDisney’s New CEO Axes 1,000 Jobs: Marvel VFX Gutted in Cost-Saving Blitz
7 Articles
7 Articles
As many will know, Disney recently faced a wave of mass layoffs, cutting more than a thousand employees from different areas; that includes a complete Marvel development team. Marvel's affected area was the visual development team, leaving only its skeleton, according to several versions.Disney fired Marvel's visual development teamAccording to Forbes, Disney decided to dispense with the entire Marvel Studios visual development team, who were in…
Madrid. Disney carried out a new round of layoffs that affects more than a thousand workers and coincides with the first weeks of Josh D’Amaro as executive director of the company, a position that he assumed on March 18. Among the most damaged divisions is Marvel Studios, where the visual development team has been practically completely dismantled.
Disney’s New CEO Axes 1,000 Jobs: Marvel VFX Gutted in Cost-Saving Blitz
Walt Disney Co. kicked off a fresh round of layoffs this week, targeting about 1,000 positions across its sprawling empire. The cuts hit hard at ESPN, legacy TV units, the film studio, marketing, corporate tech teams, and—most starkly—Marvel Studios. Nearly the entire visual development team there, fresh off an Oscar win, got the boot. A few full-timers remain to oversee contractors on specific projects. CEO Josh D'Amaro, who stepped in last mon…
In the coming weeks the entertainment giant Disney wants to dismiss up to 1000 employees, including Marvel employees, according to reports.
This is the first major restructuring under the leadership of Josh D'Amaro, who relieved Bob Iger. The executive took office on March 18.
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