The 3rd round of task cuts at the Walt Disney Co. is expected to start on Tuesday.

Sources informed Deadline that over 2,500 jobs would be crossed the board during the current task decrease wave. So far, positions within the company's theme park division have actually been mostly spared from task cuts.

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The theme park department consists of the Disneyland Resort, Walt Disney World in Orlando, Florida, Disney cruise lines and its global parks.

Based on the timeline Disney CEO Bob Iger verified in March, this is anticipated to be the company's last wave of major job cuts for a while. Small waves of labor decreases might take place within the next couple of months, Deadline reported.

Iger revealed on Feb. 8 that 7,000 jobs, representing around 3% of the business's workforce, would be slashed. The reduction comes as Disney enacts a company-wide plan to reduce expenses by $5.5 billion.

Hourly frontline operations positions at the style parks will not be affected.

The most recent round of job cuts is expected to bring the business to its 7,000 goal.

During previous rounds of task cuts, several high-ranking employees were laid off.

This includes:

• Isaac Perlmutter, the previous Marvel Entertainment chairman




Rob Steffens, the previous co-president of Marvel Entertainment




John Turitzin, the former chief counsel to Marvel Entertainment



• Jeffrey R. Epstein, the former vice president of business interactions for Disney and spokesperson for Disney's official fan club, D23




Elizabeth Newman, the former vice president of development and head of the Creative Acquisitions department for Disney Television Studios




Mark Levenstein, the previous head of post-production at Hulu




Jayne Bieber, the former senior vice president of production management and operations at Freeform



• The entire Disney metaverse division, the Wall Street Journal reported

In addition to the prepared task cuts, Disney has actually likewise instituted an employing freeze, which was executed under previous CEO Bob Chapek following a disappointing earning report.

When Iger returned to his old position as Disney's top executive, he revealed during a town hall meeting that the freeze would stay in place.

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