"The Walt Disney Company has initiated a new wave of layoffs, significantly impacting Marvel Studios and various marketing departments as part of a restructuring effort."
"Several specialized teams, including Marvel's visual development and global digital marketing units, have seen roles consolidated or entire teams eliminated."
"Approximately 8% of the workforce at Marvel was affected by the layoffs today, impacting both Marvel Entertainment in New York and Marvel Studios in Burbank."
"The organizational changes extend to the digital sector, with the senior vice president of global digital marketing and the director of digital marketing both exiting the company."
The Walt Disney Company has begun a new round of layoffs, significantly affecting Marvel Studios and various marketing departments. Key teams, including Marvel's visual development and global digital marketing units, have been eliminated or consolidated. High-level departures include executives overseeing home entertainment and digital marketing. Approximately 8% of Marvel's workforce was impacted, with reductions across multiple departments, including film, television, and finance. The visual development team will shift to a project-based model, retaining only a small core team.
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