Disney is to cut a significant number of jobs in Hong Kong over the coming months, staff have been told.It is understood that the plans, which have been hatching for some months, were explained formally to staff on Friday.
Unconfirmed estimates of the number of job losses run from 100-150. Disney has not issued a statement, and it offered no comment when contacted by Variety.The move largely affects employees at the Hung Hom, Kowloon-based Fox Networks Group Asia, which was acquired from 21st Century Fox in March last year.Disney is not closing its offices in Quarry Bay, where channels are serviced on behalf of PCCW.
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