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1 hour ago

Disney lays off 1,000 employees across TV and film under new CEO

Disney confirmed that it would be laying off 1,000 employees across the company on Tuesday."Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney," CEO Josh D'Amaro wrote in a memo obtained by Fox News Digital.He continued, "Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow's needs. As a result, we will be el...

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