The Walt Disney Company has disclosed a reduction in its workforce affecting employees within the Human Resources and Technology departments. The company is reportedly letting go of a few hundred employees as part of this restructuring effort.
The specific departments impacted include Human Resources and Technology. The filing indicates that the layoffs are part of a broader management strategy to adjust the company's operational structure.
Disney shares were trading at $105.31 at the time of the report, reflecting a slight decline of 0.27 percent.
