Marvel Layoffs Signal Corporate Greed Amidst Disney Cuts
Marvel has been significantly impacted by recent Disney layoffs, affecting staff across both its New York-based Marvel Entertainment and Burbank-based Marvel Studios. These reductions, which comprise approximately 8% of the workforce, have touched numerous departments including film and TV production, comics, franchise, finance, legal, and visual development. Notably, visual development will now operate with a smaller in-house team, relying on external contractors for future projects. These cuts are part of a broader company-wide initiative confirmed by Disney CEO Josh D’Amaro, which targets up to 1,000 employees.
John Q. Hosedrinker