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flag Disney cuts 1,000 employees as new CEO Josh D'Amaro restructures.

flag Disney has laid off approximately 1,000 employees across its divisions as part of a restructuring led by new CEO Josh D'Amaro. flag The cuts significantly impact Marvel Studios, particularly the visual development team, which is being reduced to a small core staff. flag The move follows a decline in production volume and reflects a shift toward hiring artists on a contract basis.

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