Burbank, California-based Disney, the iconic American animation, entertainment, and media company, has announced that it will continue its cost-cutting initiative with a third round of layoffs.
The personnel adjustment will affect 300 employees, primarily in technology and human resources, following two previous reductions that impacted about 1,300 positions, along with a voluntary early retirement offer.
According to a company statement, "We remain highly focused on reducing costs across the enterprise to create incremental capacity to invest for growth and are evaluating a variety of levers, including reductions in labor and SG&A."
Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you wondering, "Am I Next?"