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Disney's Restructuring Efforts Continue with Latest Round of Layoffs
The Walt Disney Company has been facing significant restructuring efforts in recent times, resulting in three rounds of layoffs over the past year. The most recent round, which took place just a few days ago, was the smallest of the three but still affected hundreds of employees.
The layoffs primarily impacted HR and tech teams within the company. Dana Walden, President and Chief Creative Officer of The Walt Disney Company, discussed the layoffs in an interview with Bloomberg, describing them as 'extremely painful'.