The Disney recently laid off thousands of employees, and among those let go is Isaac Perlmutter, the leader of Marvel Entertainment, a small division that will be absorbed by other business units within Disney.
Isaac Perlmutter, who helped Marvel avoid bankruptcy in 1997 and played a vital role in the Disney deal in 2009, was reportedly a controversial figure due to his various opinions that clashed with the business. There are reports that in 2015, Perlmutter tried to fire Kevin Feige and take control of the Marvel films and series division.
At 80 years old, Isaac Perlmutter’s dismissal is part of cost-cutting measures that also involve laying off over 7,000 employees, the official reason given for his departure. However, his controversial behavior may have played a role in this decision.
In recent weeks, Marvel has been under fire for the quality of special effects in series like She-Hulk and films like Ant-Man 3.
These recent layoffs seem to be aimed at cleaning house of veteran executives, but it remains to be seen what impact this will have creatively.
