Disney to Begin Mass Layoffs and Freeze Hiring

Disney to Begin Mass Layoffs and Freeze Hiring


“Disney will begin enacting layoffs, implementing a targeted hiring freeze and limiting company travel as part of a sweep cost-cutting move announced to leadership Friday,” Variety reports.

Variety obtained a memo sent to top executives Friday afternoon.

Disney CEO Bob Chapek wrote:

Trending: Dr. Ryan Cole Says OB/GYN’s Are Sending Him Placentas From Vaxxed Mothers to Examine (And It’s Bad!)

“I am fully aware this will be a difficult process for many of you and your teams. We are going to have to make tough and uncomfortable decisions. But that is just what leadership requires, and I thank you in advance for stepping up during this important time. Our company has weathered many challenges during our 100-year history, and I have no doubt we will achieve our goals and create a more nimble company better suited to the environment of tomorrow.”

Disney is set

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend