The Walt Disney Company earnings call that took place on February 8 brought with it the shocking announcement that the Mouse House was going to see major layoffs. As more details about these layoffs come to light, Josh D’Amaro, Chairman of Disney Parks, Experiences and Products, explained that the Parks wouldd also significantly reduce staffing.
It’s going to be a tough year for the Walt Disney Company. That much seems apparent after the February 8 earnings call that took place wherein Disney CEO Bob Iger announced a major transformation of the Mouse House, saying goodbye to the Chapek era once and for all.
Related: Bob Iger Is Giving Back Power to Disney Creatives
The Disney layoffs announcement is sobering, especially considering the magnitude of the endeavor. But as more information comes to light about these upcoming changes, it appears that the Disney Parks are also going to be notably affected by them.
Journalist Scott Gustin shared that in an email to Cast Members, Josh D’Amaro explained that the “workforce reductions will impact every segment across the company, including Parks, Experiences, and Products.”
In an email to cast, Josh D’Amaro said workforce reductions will impact every segment across the company, including Parks, Experiences, and Products. However, he said the company does NOT expect it to impact hourly frontline roles in operations. pic.twitter.com/rQYJ7ABG4l
— Scott Gustin (@ScottGustin) February 9, 2023
Related: Disney Stock Jumps After Bob Iger Announces Major Layoffs
This said, Gustin added that D’Amaro that the Walt Disney Company also did not anticipate that the change would affect “hourly frontline roles in operations.”
D’Amaro shared in the email,
“While our teams have made great progress in contributing to cost savings, these measures affect every segment and organization — including ours — and are vital as we implement more cost-effective, coordinated, and streamlined operations.”
As announced during the February 8 earnings call, while there is going to be a shift in the organization of the company and its financial operations as well, Mr. D’Amaro will be retaining his position as Chairman of Disney Parks.
The news of the Disney layoffs is certainly not easy for many to hear, and D’Amaro, addressing this, concluded his email, adding, “I know how difficult this is to hear and understand the anxiety that comes with this kind of uncertainty. We will do everything we can to be transparent as things progress, and most importantly, we will act with respect and care every step of the way.”
How these decisions will affect both the Walt Disney World Resort in Central Florida and the Disneyland Resort in Southern California remains to be seen.