At a Glance · AI-generated

Disney CEO Josh D'Amaro confirmed on April 14 that the company is laying off approximately 1,000 employees, or roughly 8% of Marvel's workforce, in a memo to staff describing the cuts as "hard" but necessary to "streamline" operations. The layoffs primarily affect the Marketing and Brand Group, Marvel Studios—particularly its art department and visual development team—and Home Entertainment divisions, with entire teams being eliminated. D'Amaro emphasized the company would handle the reductions "with compassion and respect" as it adjusts its organizational structure.