Disney is preparing to cut jobs, according to leaked memo from CEO

/ The company, like many others, is looking to cut costs by reducing its workforce. It’s also looking into hiring freezes, and slowing down travel. Illustration by Alex Castro / The Verge Disney CEO Bob Chapek is predicting “some staff reductions” once the company reviews its spending, according to a leaked memo published by CNBC. The company will also reportedly freeze most hiring, only bringing on new employees for “the most critical, business-driving positions.” If Disney does end up carrying out a round of layoffs, it’ll be far from the only one among the companies pushing streaming services. Dozens of