By 
Several sources, including Variety, are reporting that cuts in film staff were made today at both The Walt Disney Studios and 20th Century Fox following the March acquisition of 21st Century Fox assets by Disney.
Disney has not commented on the layoffs or said which departments are being affected, but insiders speculate that the distribution division will take the brunt of the cuts.
More cuts, including layoffs in the publicity and marketing departments, are expected tomorrow.
The move follows last week's release of the theatrical release calendar, which set dates for upcoming Disney and Fox film projects, including just six spots per year for Fox.
Additional cuts on the television side are not expected beyond the layoffs in film and television that happened just after the acquisition in March.
Disney expects a total "synergy savings" of $2 billion by 2021, with much of that coming from layoffs.
Source: Variety/The Hollywood Reporter
More Layoffs Hitting The Walt Disney Studios and Fox Following Acquisition
Several sources, including Variety, are reporting that cuts in film staff were made today at both The Walt Disney Studios and 20th Century Fox following the March acquisition of 21st Century Fox assets by Disney.
Disney has not commented on the layoffs or said which departments are being affected, but insiders speculate that the distribution division will take the brunt of the cuts.
More cuts, including layoffs in the publicity and marketing departments, are expected tomorrow.
The move follows last week's release of the theatrical release calendar, which set dates for upcoming Disney and Fox film projects, including just six spots per year for Fox.
Additional cuts on the television side are not expected beyond the layoffs in film and television that happened just after the acquisition in March.
Disney expects a total "synergy savings" of $2 billion by 2021, with much of that coming from layoffs.
Source: Variety/The Hollywood Reporter
Leave a Reply
- 08/11 - Would You Rather: Kali River Rapids or Grizzly River Run?
- 08/11 - Walt Disney World Guest Captures Video of Lightning Bolt Strike at Hollywood Studios
- 08/11 - Julio Gosdinski, Co-owner of Griffith Park Merry-Go-Round, Passes Away
- 08/11 - 5 Little Touches to Improve Your Next Vacation
- 08/11 - Less Obvious Disney Bucket List Items
- 08/11 - First Look at New EPCOT Entrance Fountain Pylons
- 08/10 - VIDEO: Fantasyland Friends Cavalcade at Magic Kingdom
- 08/10 - Disney Removes Reflections - A Disney Lakeside Lodge Announcement from D23 Expo Story
- 08/10 - Adventures by Disney Suspends Most Departures through October 31st
- 08/10 - Disney Cruise Line Discounts and Special Offers Released the Week of August 10, 2020
- 08/10 - She's How Old?: Why I Took My Daughter to Disney Before She Was Three
- 08/10 - Monday Merch Meeting: Homeware, Kitchen, runDisney, Chess, Bedding, Jewelry & More!
- 08/10 - Give Kids The World Mask Design Available!
- 08/09 - WDW Passholders Receive Further Info Regarding Refund Policy & Aug. 11 Deadline
- 08/08 - Walt Disney World Theme Park Hours - August | September | October
- View More...
- 08/11 - Would You Rather: Kali River Rapids or Grizzly River Run?
- 08/11 - Walt Disney World Guest Captures Video of Lightning Bolt Strike at Hollywood Studios
- 08/11 - Julio Gosdinski, Co-owner of Griffith Park Merry-Go-Round, Passes Away
- 08/11 - 5 Little Touches to Improve Your Next Vacation
- 08/11 - Less Obvious Disney Bucket List Items
- 08/11 - First Look at New EPCOT Entrance Fountain Pylons
- 08/10 - VIDEO: Fantasyland Friends Cavalcade at Magic Kingdom
- 08/10 - Disney Removes Reflections - A Disney Lakeside Lodge Announcement from D23 Expo Story
- 08/10 - Adventures by Disney Suspends Most Departures through October 31st
- 08/10 - Disney Cruise Line Discounts and Special Offers Released the Week of August 10, 2020
- 08/11 - Would You Rather: Kali River Rapids or Grizzly River Run?
- 08/11 - Walt Disney World Guest Captures Video of Lightning Bolt Strike at Hollywood Studios
- 08/11 - Julio Gosdinski, Co-owner of Griffith Park Merry-Go-Round, Passes Away
- 08/11 - 5 Little Touches to Improve Your Next Vacation
- 08/11 - Less Obvious Disney Bucket List Items
- 08/11 - First Look at New EPCOT Entrance Fountain Pylons
- 08/10 - VIDEO: Fantasyland Friends Cavalcade at Magic Kingdom
- 08/10 - Disney Removes Reflections - A Disney Lakeside Lodge Announcement from D23 Expo Story
- 08/10 - Adventures by Disney Suspends Most Departures through October 31st
- 08/10 - Disney Cruise Line Discounts and Special Offers Released the Week of August 10, 2020
DIS DAILY EMAILS
SUBSCRIBE TO OUR DAILY EMAIL
Subscribe and never miss out on Disney News, Deals and Updates.
