Marvel Lays Off 8% Of Staff Amid Companywide Disney Cuts

Marvel has been impacted by today’s Disney layoffs. About 8% of nan workforce has been fto go, sources said. Affected by nan unit reductions are some nan offices of Marvel Entertainment successful New York and Marvel Studios successful Burbank, pinch layoffs successful astir departments, including movie and TV production, comics, franchise, finance, legal, arsenic good arsenic ocular development.

The cuts successful nan ocular improvement area are said to beryllium significant, pinch Marvel Studios retaining a mini squad to oversee nan hiring of artists connected a project-by-project ground who will beryllium extracurricular contractors going forward.

Josh D’Amaro, CEO of Marvel genitor Disney this greeting confirmed that up to 1,000 labor crossed nan institution will beryllium laid off, pinch its streamlined trading and marque statement taking nan brunt of nan cuts.

Marvel previously underwent a mini round of layoffs successful 2024.

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