Isaac “Ike” Perlmutter, chairman of Marvel Entertainment, has been laid off at Disney. Marvel Entertainment will be folded into the larger Disney business units, a Disney spokesperson confirmed.
The move comes as Disney looks to eliminate 7,000 jobs in multiple rounds of layoffs that kicked off this week, in what CEO Bob Iger calls part of a “strategic realignment.”
Rob Grosser, a longtime third-party Marvel security consultant who is also considered to be Perlmutter’s fixer, is also out, according to two insiders with knowledge of the situation. In addition, Disney has terminated the employment of Rob Steffens, who served as co-president of Marvel Entertainment, and John Turitzin, who held the position of chief counsel for the same division.