Disney’s Second Round of Layoffs: Kicks off Thousands More Employees According to the reports this year would be a ‘bloodbath’ for Disney employees as Disneys Second Round of Layoffs, the studio began this week after firing thousands more employees. Solid Financial Footing Disneys Second Round of Layoffs thousand more employees will be fired this week as a part of the second of three rounds of company-wide layoffs. The move is meant to get the entertainment giant back on solid financial footing. Its second round will affect around 4000 employees and the third round will be started before the beginning of summer. As a part of the reorganization plan, Disney has decided to reduce its workforce by 7000 so that the company can see a $5.5 billion reduction in costs. “ The senior leadership teams have been working diligently to define our future organization, and our biggest priority has been getting this right, rather than getting it done fast, ” as reported by the higher author...