Marvel has been impacted by today’s Disney layoffs. Affected by the staff reductions are both the offices of Marvel Entertainment in New York and Marvel Studios in Burbank, sources said. About 8% of the workforce has been let go, I hear.
There are layoffs in most departments, including film and TV production, comics, franchise, finance, legal, as well as visual development.
The cuts in the visual development area are said to be significant, with Marvel Studios retaining a small team to oversee the hiring of artists on a project-by-project basis who will be outside contractors going forward.
Josh D’Amaro, CEO of Marvel parent Disney this morning confirmed that up to 1,000 employees across the company will be laid off, with its streamlined marketing and brand organization taking the brunt of the cuts.
Marvel previously underwent a small round of layoffs in 2024.
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