Disney Layoffs Reach the Animation and Kids Divisions
Disney TV Animation’s SVP of Current Series Khaki Jones and VP of the Kids Unit Claire McCabe have been let go as part of a company-wide initiative to save $5.5 billion in costs.
Disney TV Animation’s SVP of Current Series Khaki Jones and VP of the Kids Unit Claire McCabe have been let go as part of a company-wide initiative to save $5.5 billion in costs.
Disney CEO Bob Iger revealed new ‘Frozen’, 'Toy Story,’ and ‘Zootopia’ franchise features are coming during yesterday’s Q1 earnings call, which also announced a 7,000-employee layoff, part of a plan to significantly transform the company’s creative and financial landscape.
Deadline reports a memo just sent out by Film & TV president Steve Bertram explains need to reduce headcount by 10%.