Disney is cutting about 7,000 jobs as part of a $5.5 billion cost-cutting push.
this week – signaling that a “larger” round of cuts is planned for April as the Mouse House looks to slash 7,000 jobs.
The “second, larger round of notifications” will occur in April and consist of “several thousand more staff reductions.” “For our employees who aren’t impacted, I want to acknowledge that there will no doubt be challenges ahead as we continue building the structures and functions that will enable us to be successful moving forward,” Iger said in the memo, which was
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