Disney's Maker Studios to Shed 10% of Workforce

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Disney's Maker Studios to Shed 10% of Workforce

Disney's Maker Studios to Shed 10% of Workforce

Maker Studios will lose about 10% of its Workforce to layoffs just months after the company was acquired by Walt Disney Co., according to a report.

Disney bought Maker in late March in a deal that could eventually be worth as much as $950 million. Few details emerged about the job cuts, which could hit as early as this week, according to Variety.

See also: Disney's Doing Great, So Why Buy a Bunch of YouTube Channels?


Maker currently has around 380 employees. It has more than 55,000 channels that log 5.5 billion monthly views

Layoffs are **t uncommon following an acquisition as companies seek to minimize redundant workers. A source familiar with the situation said that any possible reductions are unrelated to the acquisition. Read more...

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