"D'Amaro stated, "Those that will be leaving us have done meaningful work here and care deeply about this company. These decisions are not a reflection of their contributions, or of the overall strength of the company.""
"Despite these difficult decisions, I remain optimistic about where we're headed as a company," D'Amaro expressed in his memo."
"In January, we announced our unified enterprise marketing and brand organization, designed to serve consumers in an even more connected way.""
"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 our goals."
Disney is implementing layoffs less than a month after Josh D'Amaro became CEO. The layoffs follow the unification of the enterprise marketing and brand teams. D'Amaro stated that the decisions are not a reflection of the employees' contributions or the company's strength. He expressed optimism about the company's future and highlighted the need for a more agile workforce to adapt to the fast-paced industry changes. The layoffs are part of a broader effort to streamline operations and enhance creativity and innovation.
Read at www.businessinsider.com
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