Disney’s Grim Layoff of 7,000 Employees

The first of three headcount reductions at Disney will begin this week, as announced by CEO Bob Iger on Monday. Disney’s Decision to Begin Layoffs Disney CEO Bob Iger revealed last month the company was planning to cut 7,000 jobs as part of a cost-cutting “strategic realignment.” According to a memo obtained by The Hollywood Reporter, the layoffs will commence this week as the first … Continue reading Disney’s Grim Layoff of 7,000 Employees