Disney Laying Off Thousands Of Workers In Multiple Waves
Disney just released plans that it will have a RIF, or Reduction In Force, laying off 7,000 employees in their parks and resorts division.
It’s been a heck of a couple of years for Disney. And it seems it will take a bit before things get better. With the COVID-19 shutdowns and a CEO who has been pushed out, it’s a rockier ride than Splash Mountain. Now, amid unrelenting news about layoffs, Disney has shown it is not immune. This summer shall be known as The Summer of 7,000 Disney layoffs.
According to CNN, Disney just released plans that it will have a RIF, or Reduction In Force. That’s the polite way of saying they are laying off 7,000 employees in their parks and resorts division. Disney first began layoffs in February of 2023 as it was struggling to regain stability again after the Chapek, the “new” CEO, made some unpopular choices. That number was more than 20,000 Disney layoffs.
And now, as Bob Iger (the new, old CEO) is back in place, he has found he needs to quickly make some business changes. See, this is just like the beginning of a Fairy Tale. Will there be a happily ever after? For some Disney execs, sure. But for about 30,000 laid-off employees, they’ll find their happy endings somewhere else. Thanks to Disney layoffs.
This summer is sure to be difficult for many families in the Disney community. Reportedly, the cuts will occur worldwide, focusing more on the Disney Parks and Resorts division and the media. This means that some beloved characters may also be “on leave.” Disney is trying to stay optimistic about this situation, with Iger hoping to keep morale up despite the Disney layoffs. He has stated that he hopes to rehire all of those affected.
Unfortunately, that’s not likely to happen. It seems Disney is trying to cut costs in the best way it can — by reducing staff and spending less on entertainment productions.
Regardless of the outcome, one thing is certain: this time of change will be difficult for everyone involved. Hopefully, those affected by the Disney layoffs will find new positions in their target field of work soon. Additionally, Disney should strive to rehire those that they can and make sure all staff are treated fairly throughout this transition period.
The entertainment giants must also be conscious of the impact these changes will have on the public — fans and employees alike. Fans may find themselves having to wait longer for new content, while employees could find themselves struggling with job insecurity. Disney needs to be as transparent and understanding as possible during this difficult time.
It’s not easy for any business or individual when something like this happens, but being proactive about the situation is essential in mitigating its effects. Let us hope that Disney finds a way to help those affected in a meaningful way.
In order to maintain its positive public image, Disney must strive to understand their employees’ needs and take steps to make sure that the transition is as smooth and fair as possible for all involved. This includes making sure any necessary retraining or relocation programs are offered and providing resources for those affected by the Disney layoffs.
These recent Disney layoffs will come in three waves, with one taking place this week, one in April, and the rest in summer. During this difficult period, many employees will undoubtedly face a significant financial and emotional burden while they look for new jobs. In addition, the workers will surely be affected, wondering if they are next.
My, oh, my, it’s a wonderful day.
