Disney has announced that its latest round of layoffs are geared to create a “more technologically-enabled workforce,” as Hollywood continues to contract and dwindle.
Newly-installed CEO Josh D’Amaro (pictured) told workers this week that the 1,000-employee workforce reduction is both a cost-saving and efficiency measure, according to The Wrap.
“Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney,” D’Amaro said in a companywide memo. “Given the fast-moving pace of our…
Read the full article at BREITBART.COM
