CEO Bob Iger announced the job cuts in February, saying he hoped to save $5.5 billion. Photo: George Sheldon/Shutterstock.com Disney Layoffs Include Compliance Chief Alicia Schwarz
Schwarz joined the company's legal department in 2014 and worked her way up its rungs before becoming deputy chief compliance counsel in 2020 and compliance chief a year later.
March 30, 2023 at 06:17 AM
2 minute read
The Walt Disney Co. has laid off one of its top attorneys, Chief Compliance Officer Alicia Schwarz, who'd been one of three Black senior executives at the Burbank, California-based entertainment giant.
Deadline and The Wall Street Journal reported that Disney cut Schwarz, a nine-year employee of the company, in the first round of layoffs that when complete will eliminate 7,000 jobs, which represents 3% of its 220,000-person global workforce.
Alicia Schwarz had been with Disney nine years. Courtesy photo This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
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