US EditionMarvel, ESPN Impacted in New Round of Disney Layoffs
The cuts follow a companywide layoff of about 1,000 jobs and leave Marvel’s visual development team with a skeleton crew, sources said.
- On Tuesday, Disney CEO Josh Amaro initiated a company-wide wave of layoffs, eliminating around 1,000 roles across various divisions. Amaro stated the cuts reflect a need to "foster a more agile and technologically-enabled workforce."
- Marvel Entertainment faces a roughly 8% staff reduction across its New York and Burbank offices, significantly impacting the visual development team. This group has shaped the Marvel Cinematic Universe's aesthetic since the first Iron Man movie.
- Led by creative director Ryan Meinerding, the visual development team reportedly faces near-total layoffs, leaving a skeleton crew to manage outside contractors. Meinerding's work has defined Marvel Studios' visual identity for decades.
- ESPN chairman Jimmy Pitaro confirmed on Wednesday that affected staff were already notified. Pitaro wrote, "We must continue fostering a more agile and technologically enabled workforce," acknowledging the difficulty of these decisions.
- These cuts mark the first layoffs under Disney CEO Josh Amaro, who succeeded Bob Iger in March. As the company prepares for its CinemaCon panel this Thursday, Amaro continues evaluating resource management strategies.
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Read the memo ESPN Chairman Jimmy Pitaro sent staff about the Disney layoffs
Jimmy Pitaro, chairman of ESPN, addressed the layoffs at Disney in a memo to staffers.Bloomberg/Getty ImagesJimmy Pitaro addressed ESPN staff after Disney's recent layoffs.The memo, obtained by Business Insider, said ESPN employees being cut have already been informed.Disney's layoffs are the first under its new CEO, Josh D'Amaro.The top executive at ESPN addressed his staff after the latest round of layoffs at its parent company, Disney.Jimmy P…
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Marvel, ESPN impacted in new round of Disney layoffs
Disney announced on Tuesday that the company is eliminating several jobs across the company in a new round of layoffs. A source tells FOX Business that it could include up to 1,000 employees in the film and television divisions.
Every Upcoming Marvel Show & Movie That Disney's Mass Layoff May Affect
The massive layoffs at the Walt Disney Company could be the end of the aesthetics of the Marvel Cinematic Universe that fans have known and loved. A recently shared memo from the new CEO, Josh D’Amaro, announced that approximately one thousand employees were laid off at the company to “streamline operations” (via Forbes). All divisions have been affected, including Marvel, raising fears about losing the ‘MCU look’ fans have been loving so far in…
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