Disney Said to Plan About 5% Staff Cuts at Film Studio Unit
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Walt Disney Co. will cut about 200 jobs at its film division, or 5 percent of the workforce, said two people with knowledge of the plans, as the company realigns distribution and relies more on production from Marvel and Steven Spielberg’s DreamWorks Studios.
The reductions at Walt Disney Studios will be made during the week of June 13, said the people, who asked for anonymity because the decision hadn’t been made public. The unit has about 5,000 employees, including Marvel and Pixar.