Disney has announced that its latest round of layoffs are geared to create a “more technologically-enabled workforce,” as Hollywood continues to contract and dwindle.
Newly-installed CEO Josh D’Amaro (pictured) told workers this week that the 1,000-employee workforce reduction is both a cost-saving and efficiency measure, according to The Wrap.
“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,” D’Amaro said in a companywide memo. “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 eliminating roles in some parts of the company and have begun notifying impacted employees.”
D’Amaro also added that the layoffs will be felt across
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