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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Disney Layoffs Start This Week, Bob Iger Tells Employees As 7,000 Cuts LoomThere will also be a 'larger' round of layoffs in April, and a third round before summer. 'There will no doubt be challenges ahead as we continue building the structures and functions that will enable us to be successful moving forward,' the CEO told staff in a memo.
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Disney CEO Bob Iger Confirms Start Of Layoffs, With Three Rounds Of Cuts Expected Before SummerDisney CEO Bob Iger has confirmed the first of three rounds of layoffs is starting this week as the company looks to reduce its workforce by about 7,000 employees. The exec’s memo to employee…
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Disney layoffs will begin this week, CEO Bob Iger says in memoDisney will roll out the first of three layoff rounds this week, CEO Bob Iger said in an internal memo
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Disney CEO Bob Iger: Multiple Rounds of Layoffs Begin This WeekTheWaltDisneyCompany CEO BobIger confirmed that three rounds of staff layoffs are underway - with the first taking place this week. The news comes as Disney looks to reduce its workforce by approximately 7000 jobs. / Lucasfilm MarvelStudios Pixar
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Disney begins laying off 7,000 employees, CEO Bob Iger announcesThe cuts to Disney’s global workforce are part of a multibillion-dollar cost-cutting initiative aimed at streamlining the company’s operations in a period of media industry turmoil.
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Disney begins laying off 7,000 employees, CEO Bob Iger announces | CNN BusinessDisney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February that the company would axe 7,000 jobs.
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