Entertainment giant Disney is continuing its campaign of employee layoffs with its latest round of cuts hitting its product and technology division.
While Disney insists that the P&T division is critical to its future success, the layoffs nonetheless cut an additional two percent of the company’s workforce, The Wrap reported.
This latest round of cost cutting is just one of a long series of cuts lasting several years. Indeed, it isn’t even the first round of layoffs this month.
Early this month the company pushed out several hundred workers from its marketing for both film and television, television publicity, and its casting and development…
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