Disney Firing Spree Picks Up Speed, 4,000 Jobs Cut As Mickey Slashes $5.5 Billion
View Source | April 24, 2023 9:22 am
- Disney is beginning its second round of layoffs Monday. Following this round, 4,000 people will have been laid off from the company.
- A third round is expected to start before the beginning of the summer, Disney officials said.
- Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganization that will see the company cut $5.5 billion in costs.
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