The recent layoffs at Marvel, a subsidiary of Disney, have sent shockwaves through the entertainment industry, particularly among those who have been instrumental in shaping the iconic superhero brand. With an estimated 8% of the workforce affected, the cuts have impacted Marvel Entertainment in New York and Marvel Studios in Burbank, stretching across various divisions, including film and television production, publishing, franchise operations, finance, and legal. This move comes as Disney CEO Josh D’Amaro acknowledges the need to reassess resource management and reinvest in core businesses, despite the emotional impact on employees. One of the most affected areas is the (Read more…)
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