Disney is planning to lay off as many as 1,000 employees over the next few months, Deadline has confirmed, the first cuts to come from the entertainment giant since naming its new CEO Josh D’Amaro.
The company’s global head count stood at a bit more than 230,000 as of the end of the most recent fiscal year, with most of that being part-time theme park workers.
In January, the company upped veteran exec Asad Ayaz to Chief Marketing and Brand Officer, after announcing a plan to consolidate marketing at the film, TV and streaming operations and eliminate duplication. Many of the cuts announced as part of the new round of layoffs are related to that move, according to a person familiar with the reduction.
Disney declined to comment on the report when contacted by Deadline.
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