Disney Brand Chief Explains Marketing Team Layoffs in Internal Memo

Read the memo from Disney's brand chief about why the marketing team got hit hard by layoffs

Asad Ayaz, Disney's brand and marketing chief, gave more context about the layoffs in a memo. Alberto Rodriguez/Penske Media via Getty Images Disney laid off employees across the company this week, including in its marketing group. These cuts were made to help build a "nimble and modern" organization. Read the full memo from Disney's brand and marketing chief below. Disney has officially finished its latest round of layoffs, and company leaders are telling their teams what changes were made...