Disney layoffs: Disney is set to lay off 1,000 employees in the coming weeks, Wall Street Journal reported citing people familiar with the knowledge of the matter.
This is the first major round of layoffs at Disney after new chief executive officer, Josh D’Amaro, took on his role.
According to the WSJ report, plans for the coming Disney layoffs began before Josh D’Amaro assumed his new role as Disney’s chief executive officer in March.
(This is a developing story. Check back for updates)