Once again there will be strong retrenchment in Walt Disney, this time 15 percent people will be employed

The employees working in Walt Disney are going to get a big shock in the coming days. Walt Disney may lay off a large number of employees next week. Because the walt disney company Has prepared a plan to start cutting thousands of jobs next week. In which about 15 percent of the employees of its entertainment department are included.

The cuts at Walt Disney will take place across TV, film, theme park and corporate positions and will affect every area where Disney operates. In this case say people who asked not to be identified because the details are not public. Some affected employees will be notified as early as April 24. That they can be thrown out of the job.

Tell that the employees who are to be retrenched next week. Official information will be given to them soon. Even before this, to save $ 5.5 billion in annual costs, the layoff of about 7000 employees was announced in Walt Disney. This will be the second phase of retrenchment of employees at Walt Disney. At the end of this month, the company can lay off a large number of employees.

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There will be a significant reduction in the number of employees

The job cuts will significantly reduce the workforce at Disney Entertainment, which includes the company’s film and TV production, streaming and distribution businesses. Disney Entertainment was created the same year as part of a restructuring process at Walt Disney. As the streaming industry’s focus shifts to operating online video platforms, major players such as NBC Universal, Warner Bros. and Paramount Global have also reduced their head counts.

Let us tell you that Disney’s current CEO Bob Iger has returned to lead the company in November after a quarterly loss of $ 1.47 billion in the company’s streaming business, after which another Bob of Disney was removed: Bob Chapek.