BREAKING NEWS – Anaheim, California – In the memo sent to employees, Disney CEO Bob Chapek said the company would be moving forward with prioritizing cost-saving measures including “some staff reductions.”
“I am fully aware this will be a difficult process for many of you and your teams,” Chapek wrote. “We are going to have to make tough and uncomfortable decisions. But that is just what leadership requires, and I thank you in advance for stepping up during this important time.”
All seven dwarfs complained about the upcoming layoffs, alleging that they were already working shorter hours.