Jeremy Doig, Disney Streaming technology chief, has left the company ahead of a planned round of layoffs. Doig’s departure has not been explained by Disney, but it is thought to be related to the company’s cost-cutting efforts.
Disney previously announced that it would lay off 7,000 workers and institute a new corporate structure that would return control of the streaming services to the company’s top creative executives. The job cuts will be made across the company’s streaming division in an effort to streamline operations and cut costs. In the streaming market, the company has faced increased competition and has struggled to keep up with rivals such as Netflix and Amazon Prime Video.
“I have been informed that effective immediately Jeremy Doig is no longer with the company,” Mike Hanley, the senior vice president for engineering in Disney’s streaming division, wrote in a note to colleagues.
Doig had been at Disney for less than a year and was in charge of the company’s streaming technology operations. His departure occurs at a critical juncture in the company’s efforts to improve its streaming services and remain competitive in the market.
Disney has not yet announced the extent of the job cuts it intends to make, but it is expected that a significant number of employees will be affected. The company has stated that it will support and assist those affected by the layoffs.
The most recent announcements have left thousands of Disney employees uncertain about their futures at the company and how their divisions will function.
The sources for this piece include an article in Bloomberg.
