Disney Lays Off Up To 200 In Experiences Division

Disney just laid off between one hundred and two hundred workers in its Experiences division. The bulk of those cuts hit the Imagineering campus in Glendale. That division is a massive profit juggernaut. Profit actually rose twenty percent to over three billion dollars on almost ten billion in revenue. The company claims these moves are just project-based shifts in workflow. But a recent memo warned staff about hard choices and automating workflows with new tech. Josh D'Amaro has overseen multiple rounds of job cuts since taking charge. Those cuts follow a voluntary early retirement offer for older directors. Disney still employs over two hundred thousand people globally. More restructuring is expected soon in television and film.