Tag Archives: The Walt Disney Company
Disney Will Cut 7,000 Jobs In Effort To Save $5.5 Billion In Costs – Heemang Parmar
[ad_1] The Walt Disney Co. said Wednesday that it would lay off about 7,000 employees and cut costs by $5.5 billion in the coming months. Newly returned CEO Bob Iger announced the “strategic reorganization,” saying cuts would amount to about 3.6% of its global workforce. The effort is meant to increase the profitability of Disney’s…
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