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Disney Cutting Hundreds Of Jobs In Latest Wave Of Layoffs: Reports
Hundreds of employees across Disney's television, film, and corporate finance divisions are being laid off as the company continues a sweeping cost-cutting effort, according to reports.
The Walt Disney Company began laying off "several hundred" employees worldwide on Monday, June 2. The layoffs were first reported by Deadline.
Most of the layoffs hit Disney Entertainment, including its film and TV marketing, television publicity, casting, and development divisions. Corporate finance teams were also affected, the report said.
Although no entire teams will be eliminated, the job cuts ar…