Disney Firing Spree Picks Up Speed, 4,000 Jobs Cut As Mickey Slashes $5.5 Billion

  • 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.
Click to read full article

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.