‘This is Hard’ Disney CEO Josh D’Amaro Says Amidst 1,000 Company Layoffs

As the 1,000 Disney layoffs are now underway, CEO Josh D’Amaro has sent a memo to employees today, April 14, outlining the difficulty of the decision. D’Amaro Memo The layoffs are part of a larger consolidation of the marketing and brand consolidation. According to D’Amaro’s memo, this consolidation is being done, ultimately, “to serve consumers in an even more connected way. ” While the memo does not reveal specifics around the strategy, it did dive a bit into the need to streamline....