"The layoffs did impact Marvel employees in both Burbank and New York, across most areas of the division - film and television production, along with comics, franchise, finance and legal."
"Particularly noteworthy is the dismissal of digital marketing SVP Sandoval, one of Ayaz's key lieutenants, who oversaw the digital marketing campaigns for some of the company's biggest hits."
"Disney disputed a report that the number of impacted reached 8%, telling TheWrap it's 'much smaller.'"
Disney initiated layoffs impacting 1,000 employees, including teams in publicity, Marvel, and digital marketing. Notable departures include key figures like Sandoval and Bess. The layoffs were attributed to a reduction in Marvel's production slate and a focus on operational efficiency. Despite the cuts, some divisions remained unaffected. The layoffs reflect broader trends in the industry, emphasizing the need for cost management and strategic realignment within the company.
Read at TheWrap
Unable to calculate read time
Collection
[
|
...
]