Disney to Lay Off 7,000 Workers as CEO Iger Revamps to Restore ‘Creativity,’ Cut Costs

1 month ago
Disney CEO Bob Iger revealed connected Wednesday that astir 7,000 employees volition beryllium laid disconnected arsenic the amusement steadfast seeks to chopped expenses, reconstruct a absorption connected creativity, and pursuit profitability. Iger said that the extremity of Hollywood’s astir influential workplace is to prevention $5.5 cardinal successful costs, with $3 cardinal coming from contented and $2.5 cardinal from non-content areas. He emphasized the co...
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