The Walt Disney company will begin a second wave of layoffs, slashing thousands of jobs this week in a corporate bloodbath brought on by “woke” policies that have devastated the company’s bottom line and alienated Americans while still raising prices.
(Video Credit: 10 Tampa Bay)
The layoffs began on Monday and will go through Thursday according to Disney officials. So far, during the first two rounds of layoffs, the company has eliminated 4,000 jobs with a goal of 7,000 to be reached in a third round this summer. ESPN, parks, experiences, and products will all be downsized, according to the Daily Mail.
The job cuts will be felt across the board at all of Disney’s holdings, especially at ESPN. Employees started being informed on Monday if they would stay or go, according to Yahoo! News.
ESPN President Jimmy Pitaro informed employees in a company memo that those affected will hear from their supervisor and someone from human relations this week sometime.
“As we advance as a core segment of Disney, with operational control and financial responsibility, we must further identify ways to be efficient and nimble,” Pitaro stated. “We will continue to focus our workforce on initiatives that are most closely aligned with our critical priorities and emphasize decision-making and responsibility deeper into the organization.”
Walt Disney, $DIS, will begin a second wave of layoffs, as it works toward eliminating 7,000 jobs to help save $5.5 billion in costs
— unusual_whales (@unusual_whales) April 24, 2023
ESPN was not part of the first round of layoffs but a round of cuts involving on-air talent is expected to happen over the summer via contracts not being renewed, buyouts, or cuts.
Among those being shown the door is reportedly Vice President of Communications Mike Soltys, who has been with the company for 43 years. Soltys confirmed his departure on social media.
Locations getting the bad news include Burbank, California, New York, and Connecticut. Disney does not expect job cuts to impact hourly frontline operations roles at its parks and resorts.
The massive layoffs are a “strategic reorganization” of the company amounting to $5.5 billion according to Disney CEO Bob Iger. Three percent of the House of Mouse is being let go.
Personal news, as they say! My ride at National Geographic will come to an end in June. My job has been eliminated in Disney's latest round of layoffs. A brief thread:
— Michael Greshko (@michaelgreshko) April 25, 2023
The majority of Disney’s workforce is in the United States. The company employs around 100,000 according to its latest available figures. ESPN is one of Disney’s smallest divisions employing around 5,000 people worldwide according to its website.
Deadline is reporting, “Day 1 of Disney’s second wave of layoffs is impacting ABC and Freeform’s senior programming ranks, Disney Television Studios marketing, which is being dissolved, and its music operations, which are being consolidated.”
“Respected development executive Julie Jarmon, in her second stint at Freeform as SVP development, is departing, with the network’s development and current consolidated under Jamila Hunter, EVP of original programming and development. (Also leaving in the layoffs is Freeform’s Alix Lee, director of development and programming,)” the media outlet said.
The bloodbath continues as Sarah Tomassi Lindman, who is Freeform’s SVP of Content Planning & Strategy, is leaving as the scheduling for the Disney cable networks is combined. And there were many others.
“Stacey Adams, ABC’s SVP, Current Programming, who has been leading the network’s drama current team, is departing. Head of drama Brianna Bennett, who has been spearheading development, will now also take over current. (ABC head of comedy Erin Wehrenberg already has been handling both development and current),” Deadline noted.
Day 1 of Disney’s second wave of layoffs is impacting ABC and Freeform’s senior programming ranks and Disney Television Studios’ music operations.
Julie Jarmon, in her second stint at Freeform as SVP development, is departing.
Stacey Adams, ABC’s SVP, Current Programming, is… pic.twitter.com/FpdpWIO1ha
— Deadline Hollywood (@DEADLINE) April 24, 2023
“In one of the biggest cuts so far, the Disney TV Studios marketing operation is being dissolved, with the outlets the individual studios produce for, including ABC and Hulu, handling marketing for the shows by themselves from now on,” the outlet reported.
More followed in the cutting of the corporate fat.
“The top executives affected by the move are 23-year 20th Television veteran Steven Melnick, SVP, Marketing; Sharon Merle-Lieberman, SVP, Marketing & Promotions 20th Television; and Sonia Borris, SVP Marketing ABC Signature and 20th TV Animation. All three are departing, along with some members of their teams,” Deadline stated.
“20th Television and ABC Signature’s music departments are being consolidated under 20th TV’s EVP and head of music Jeremy Summers. His counterpart, Dawn Solér, SVP music for ABC Signature and a 16.5-year veteran of the studio, is leaving as part of the layoffs,” the outlet went on.
DISNEY IN BIG TROUBLE:
First they are going broke with terrible #woke movies, second they picked an unwinnable fight with the most badass Governor in America.
[Disney is in the process of one of the largest layoffs in company history, with 7,000 employees expected to depart the…
— Bill Mitchell (@mitchellvii) April 19, 2023
“Also leaving today are 20th Television’s SVP and co-head Current Programming Dana Sharpless (with fellow SVP/co-head Steve Sicherman expected to run the department solo), VP Production Nicole Ettinger and executive director comedy development Stephanie Rosenthal, as well as ABC Signature’s VP drama development Brenda Vogel, VP comedy Jenny Fritz, and managers of drama development Gabrielle Gold and Max Henke, along with several coordinators,” Deadline concluded.
Those are just the bigger names. The real swath of cuts hitting home is with the regular employees. A lot of people are without a job this week at Disney.
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