The affected individuals include lower-level production and development staff at Marvel Studios in Burbank, and employees in the Marvel Entertainment division in New York.
Tags: Disney
Disney to Lay Off Nearly 175 Pixar Workers Following Box Office Disappointments and 'Woke' Controversy
Disney's Pixar has announced the layoff of 14% of its workforce, with President Jim Morris informing 175 employees of their termination following multiple box office failures and amid accusations that the company's parent has "gone woke."
Disney's Pixar Slashes 175 Jobs as Focus Shifts Back to Films
Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
Disneyland Actors, Performers in California Vote to Join Labor Union: ‘A Landslide Victory'
The Actors' Equity Association announced that 1,700 Disneyland Resort cast members voted to unionize.
Disney, Warner Bros. Team Up for Mega Streaming Bundle to Capture More Subscribers
Disney and Warner Bros. partner to launch a mega streaming bundle, combining Disney+, Hulu, and Max services to attract subscribers amidst fierce competition.
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There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on platforms such as TikTok and X, are fake.
Disneyland Resort is implementing lifetime bans for guests caught lying about disabilities in order to access attractions. This is part of a broader policy overhaul amid a rise in fraudulent claims, effective May 20 in Florida and June 18 in California.
As streaming prices surge, Hollywood urges Congress to reintroduce failed anti-piracy law amid rising concerns about video piracy, proposing ISP site-blocking measures similar to SOPA despite past free speech objections and widespread protests.
Disney Reveals Theme Parks Make the Most Money, Plans to Invest $60 Billion to Make Them Even Better
As a top money-maker in its division, Disney vows to invest $60 billion in its theme parks to ensure continued success for the next decade, focusing on innovation and technological advancements.
Disney CEO Bob Iger labels the proxy battle with Nelson Peltz a "distraction," as they now move to select the next CEO while Peltz denies personal vendetta.
Walt Disney Co. triumphs as shareholders reject Nelson Peltz's bid for board seats, affirming confidence in CEO Bob Iger's leadership at the annual meeting.
Dana Walden is a top contender for the Disney CEO role, potentially making history as the first woman in the position, but former executives are not sold on her experience.
Disney and Florida Governor Ron DeSantis' camp has reached a settlement to end a lawsuit in state court over who controls the special district that includes the Walt Disney World theme parks in Orlando.
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
