Ike Perlmutter, Chairman of Marvel Entertainment, is the latest high-ranking Disney official to be laid off as part of a lengthy series of job cuts that began this week at The Walt Disney Company, according to The New York Times.
Perlmutter was informed by phone on Wednesday that the New York based Marvel Entertainment was redundant and would be folded into larger Disney business units.
On Wednesday, Disney also laid off Rob Steffens, co-president of Marvel Entertainment, and John Turitzin, chief counsel for the division.
Dan Buckley, president of Marvel Entertainment, will remain and report to Kevin Feige, president of Marvel Studios. Previously, Buckley reported both to him and Perlmutter.
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