Disney Laying Off 150 Employees

(CNN) — Walt Disney Company is handing out pink slips in a new round of company re-organizing.

According to several media reports, the layoffs will impact 150 people at its movie studio unit.

In a statement to CNN, Disney confirmed a reduction in staffing in several divisions of the studio but did not mention the number of people affected.

Last week, Disney’s Lucasfilm division announced layoffs in its video game unit.

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