Marvel Undergoes Layoffs Amid Companywide Disney Cuts

This is one of those stupid things you do as CEO.

Realistically what happens is the majority of those you fired get hired by those exact contracting companies that you then immediately hire to do the work previously done in house.

It’s a money moving game, so it looks like you’re saving money, but in reality you’re spending more.

In a few years we’ll see a headline “Disney/Marvel acquires ‘Company that makes Marvel movies’” and then we’re back to the status quo.

But Wall Street views this as a win. You fire a bunch of people. You’re running lean, stock goes up. You’re hiring a contract company, no long term costs, stock goes up. You acquire someone, you’re expanding, stock goes up.

Marvel is already losing in sales to DC. Guess this is a surrender?