Disney Digital Network has been hit with layoffs impacting just under 20 staffers, TheWrap has learned.
The layoffs, which come ahead of Disney’s acquisition of a large portion of 21st Century Fox assets, are the result of the company shifting resources to other areas in order to address future needs of the business, according to a person with familiar with the matter.
The Culver City-based unit, which is now apart of Disney’s recently formed Direct to Consumer and International segment, runs a number of the company’s digital business, including the multi-channel network Maker Studios.
It’s unclear how many people are employed overall at Disney Digital Network, which downsized roughly 80 people in February 2017, including the Maker Studios unit the studio acquired in 2014 for $500 million.
The news comes one month after Disney laid off a number of employees from its Consumer Products and Interactive Media group. The unit laid off nearly 50 people, which is the limit that would require a disclosure under federal law.