Disney Will Layoff 7,000 Employees to Save $5 Billion in Costs. “I Do Not Make This Decision Lightly,” CEO Bob Iger Says.
Entrepreneurship

Disney Will Layoff 7,000 Employees to Save $5 Billion in Costs. “I Do Not Make This Decision Lightly,” CEO Bob Iger Says.

The announcement, part of a massive corporate restructuring effort at the company, caused shares to surge.

February 9, 2023

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