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Thousands of Disney Employees to Be Fired THIS WEEK, According to Bob Iger’s Memo

Bob iger disney
Credit: Disney

Devastating news has been revealed in a memo from Walt Disney Company CEO Bob Iger. Since his infamous quarterly earning call earlier this year, anticipation has been building for  Bob Iger’s firing spree. The Chief Executive Officer announced on that call that 7,000 employees would be terminated in the months to follow. Recent news has clarified that that spree will begin this week.

Anticipation and anger are building as fans and Cast Members prepare for the mass terminations to begin.

Bob Iger Barbara Walters

Credit: Disney

Bob Iger Reveals Plan in Memo

There’s no getting around it, this is a very sad time for the Walt Disney Company. Time and time again it has been reiterated that the backbone of the company is the talented employees that put their heart and soul into the company every single day. The Walt Disney Co has exceptional workers that give their heart and soul to the company every day, and the thought of losing 7,000 of them is devastating and hard to accept.

WDW castle

Credit: Disney

Unfortunately, the mass terminations are a critical part of Mr. Iger’s cost-cutting measures to help restore the company financially. In a recent memo, Bob Iger communicated to his employees exactly what was happening and what they can expect to see in the following week.

The memo explains that over the next four days, leaders will be contacting many employees who will be terminated. While there is no specific number of employees known to be fired in the next for days, many assume it will be thousands. The memo goes on to explain that “several thousand more staff reductions” will take place in April. The final wave will happen right before summer.

In his memo, Iger says,

“The difficult reality of many colleagues and friends leaving Disney is not something we take lightly. This company is home to the most talented and dedicated employees in the world, and so many of you bring a lifelong passion for Disney to your work here.”

Fans and Employees Question Who Will Be First to Go

Since he announced the layoffs, fans, and employees have wondered who exactly will be getting the chop. After “untouchable” Marvel Executive Victoria Alonso was fired last week, it is clear that terminations will be seen in all departments and in all ranks. More will be revealed after the first wave is concluded in four days.

About Eva Miller

Eva was born and raised in the beautiful state of Oregon but has since relocated and lives in New York City. Since she was young, Eva has loved to perform in musicals, especially Disney ones! Through performing, Disney’s music became the soundtrack of her childhood. Today, Eva loves to write about all the exciting happenings for the Walt Disney Company. In her free time, Eva loves to travel, spend time in nature, and go to Broadway shows. Her favorite Disney movie is 'Lilo and Stitch,' and her favorite Park is Disney's Animal Kingdom.